$CNL is one of biggest losers #stocks today. read more:

Cleco Corporation Common Stock (symbol: CNL) was one of the worst losers of
the trading day today (2016-02-24), losing -9.54%. The number of shares
that changed hands was 5,642,221, or about 12 times the average daily
volume in the stock.
The closing price was $47.49, amounting to a market cap of $2,870,000,000,
about -13.51% off the highest price in the last 12 months. The stock has
been trading at a range between $47.01 and $54.91.
CNL is in the Electric Utilities: Central industry, part of the Public
Utilities sector.
Looking at its valuation, the stock is now trading at 21.68 times earnings.