Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Did Vistra Stock Drop Today?


Shares of electric utility and nuclear power plant operator Vistra (NYSE: VST) stock tumbled 4.1% through 12:55 p.m. ET Tuesday after The Wall Street Journal warned investors that President Trump's plan to kick-start a nuclear power renaissance in America "won't be easy."

Image source: Getty Images.

Shares of Vistra have rocketed this past year, up more than 120%, on hopes that artificial intelligence's (AI) insatiable demand for electric power will spur demand for more nuclear power plants to supply that demand -- and on President Trump's promises to support the nuclear sector, including by instructing the Nuclear Regulatory Commission to decide on reactor design applications within 18 months of filing.

Continue reading


Source Fool.com

Like: 0
VST
Share

Comments