Vistra Surges, General Motors Drops, Southwest Airlines Climbed After Ratings Upgrade On this episode of Stock Movers:
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Vistra Surges, General Motors Drops, Southwest Airlines Climbed After Ratings Upgrade On this episode of Stock Movers:
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About this listen
On this episode of Stock Movers:
- Vistra (VST) shares surge after the company disclosed a 20-year power purchase agreement with Meta Platforms, Inc. The deal involves supplying over 2,600 MW of zero-carbon power from three nuclear plants to support Meta's regional operations.
- General Motors (GM) shares drop after news the automaker will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations.
- Southwest Airlines (LUV) shares climbed after JPMorgan raised its recommendation on the carrier to overweight from underweight, seeing an increase in its earnings-per-share guidance as likely. The analyst also added the stock to their Positive Catalyst Watch list ahead of an upcoming earnings report.
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