VST is trading at $151.76 (down 4.3%) following a sharp multi-day pullback from last week’s highs.
- The decline occurs despite a lack of new negative, company-specific catalysts emerging in today's session.
- Recent focus has been on Vistra’s amendment to its main credit agreement, which upsized revolving credit commitments to $5.5 billion.
- The expanded credit facility provides the company with increased borrowing capacity and greater operational flexibility.