Vistra Stock Jumps 3.9% on PJM Capacity Auction Windfall
Vistra Corp. shares rallied 3.88% to $166.17 as PJM Interconnection's capacity auction cleared at record prices, signaling stronger forward revenues for the power producer. The company secured 10,566 MW across multiple zones in the 2027/2028 planning year—a bullish indicator for future cash flows.
After-hours trading held steady NEAR the closing price as investors weighed regulatory tailwinds. The Federal Energy Regulatory Commission's new data-center siting rules may further benefit Vistra's portfolio of generation assets.
Market participants are increasingly viewing power producers as indirect plays on AI-driven electricity demand. PJM's auction results—where capacity prices hit the $333.44/MW-day cap—highlight structural supply shortages that could persist through the decade.
