Talen Energy Corp ( TLN ) shares soared Wednesday after the company announced an expansion of its partnership with Amazon.com Inc ( AMZN ) .

What To Know: Talen will provide carbon-free energy from its Susquehanna nuclear power plant to power Amazon Web Services (AWS) data centers in the region, a move aimed at supporting the growth of AI and cloud technologies.

Under the new long-term power purchase agreement, Talen is set to supply Amazon ( AMZN ) with 1,920 megawatts of nuclear power through 2042, with options for extension. This agreement is expected to provide Talen with a stable, long-term revenue stream and reduce its market risk.

Read Also: Wall Street Eyes Record Highs As Trump Seals China Deal, Soft Inflation Eases Tariff Jitters

The companies are also exploring the joint development of new Small Modular Reactors and upgrades to the existing Susquehanna plant to increase its output. This collaboration aligns with Amazon’s plan for a $20 billion investment in Pennsylvania, which includes the creation of 1,250 jobs.

Price Action: According to data from Benzinga Pro, the announcement sent Talen Energy’s stock surging, with shares trading up over 6.99% at $272.92 Wednesday morning. Trading volume was heavy for the session, hitting 1.342 million shares, surpassing the 100-day average volume of 1.044 million.

Read Also: Ouster Stock Is Surging Wednesday: Here’s Why

How To Buy TLN Stock

By now you're likely curious about how to participate in the market for Talen Energy ( TLN ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Talen Energy ( TLN ), which is trading at $274.5 as of publishing time, $100 would buy you 0.36 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, TLN has a 52-week high of $275.81 and a 52-week low of $98.50.