Why Vistra Stock Surged Today
Shares of Vistra (NYSE: VST) climbed more than 10% on Friday after the electricity provider announced long-term power purchase agreements (PPAs) with Meta Platforms (NASDAQ: META).
Image source: Getty Images.
Under the terms of the 20-year PPAs, Vistra will supply over 2,600 megawatts (MW) of zero-carbon energy from three of its nuclear plants to support Meta's artificial intelligence (AI)-fueled expansion.
Source Fool.com
Meta Platforms Inc. Stock
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With a target price of 652 € there is a positive potential of 22.58% for Meta Platforms Inc. compared to the current price of 531.9 €.
