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Stock impact report

Vistra (NYSE:VST) Shares Drop 14% Despite US$227M Buyback Program [Yahoo! Finance]

Vistra Corp. (VST) 
Last vistra corp. earnings: 5/3 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Recently, Vistra announced a robust earnings report for the year ending December 2024, with increased sales and net income. The company also introduced new earnings guidance for 2025 and updated its buyback program, repurchasing shares worth $227 million. Simultaneously, legal challenges emerged as a lawsuit related to the Moss Landing Battery Plant fire was filed, focusing on alleged safety issues. In broader market trends, while the S&P 500 and Nasdaq faced their third consecutive weekly decline, major indexes closed higher on March 7 after Federal Reserve Chair Jerome Powell reassured investors about the economy's health. These factors likely contributed to market volatility, affecting Vistra's performance, despite its strong earnings and aggressive buyback strategy, as legal uncertainties and broader market declines overshadowed otherwise positive financial updates. Click here to discover the nuances of Vistra with our detailed analytical report. NYSE:VST Revenue & Expenses Br Show less Read more
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