Stock Track | Vistra Energy Plummets 5.39% Intraday as AI Power Demand Rally Faces Profit-Taking Pressure

Stock Track06-01

Vistra Energy Corp.'s stock plummeted 5.39% during intraday trading on Monday, extending a recent pullback in the independent power producer sector.

The decline reflects broad profit-taking pressure across the sector, which had previously accumulated significant gains fueled by expectations of increased electricity demand from AI data centers. The cooling short-term bullish momentum was signaled by markedly declining trading volume compared to prior sessions.

Despite the near-term consolidation, institutional conviction in the AI power chain thesis remains, with Jefferies maintaining a buy rating and raising its target price on Vistra to $190, while hedge fund Appaloosa significantly increased its position in the first quarter.

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