Vistra (VST) Challenges PJM Proposal, Is The Stock Trading At A Discount?

Vistra (VST) has challenged PJM’s Interim Resource Adequacy Service proposal in a fresh filing with the Federal Energy Regulatory Commission, arguing the framework is discriminatory, legally flawed, and could disrupt future investment signals in the PJM region. Vistra’s pushback at PJM comes as the stock trades at US$144.89, with a 1-day share price return of 3.48% and a 7-day share price return of 4.98%. The year-to-date share price return is down 12.31% and the 1-year total shareholder...