BlackRock acquired 28.5M Vistra shares worth $4.38B. That's 0.07% of their equity portfolio (232nd largest holding). The investor owns 8.10% of the outstanding Vistra stock. The first Vistra trade was made in Q4 2020. Since then BlackRock bought shares eight more times and sold shares on nine occasions. The stake costed the investor $959M, netting the investor a gain of 357% so far.
Shares of Vistra Energy (NYSE: VST) are up 16%, or by $24.60, in premarket. All after Meta unveiled agreements to secure about 6.6 GW of nuclear power by 203...
CNBC's Joe Kernen reports on the latest news.
The 20-year power purchase agreements will support Meta operations and increase the energy output of three Vistra nuclear plants in PJM IRVING, Texas, Jan. 9...
Vistra has more pricing power than many utility companies. It's poised to benefit from a surge in energy demand from data centers.