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Why NRG Energy's Stock Is Plummeting This Week

03:15pm, Friday, 09'th Dec 2022
This utility went shopping, and shareholders aren't happy with the purchase.
NRG Energy, Inc. stepped up with nearly $3 billion in cash to acquire its way into the emerging connected home market with the acquisition of Vivint Smart Home. NRG Energy shares sold off sharply on t
At current pixel time, the stock of NRG Energy is off 15% after announcing a deal to acquire Vivint Smart Home for $2.8 billion in an all-cash transaction. This is an overreaction in my opinion, givin
The smart-home product maker and Texas utility are coming together in a $5 billion deal.

NRG Energy to buy Vivint Smart Home for $2.8B

02:50pm, Tuesday, 06'th Dec 2022
NRG Energy announced it's acquisition of Vivant Smart Home for $2.8 billion deal that to capitalize on synergies between the electricity producer and smart devices company.
Shares in Vivint Smart Home Inc, the maker of Amazon Echo and Google Home, shot up after it emerged the company will be bought by NRG Energy (NYSE:NRG) Inc for $2.8 billion in cash. Under the terms of

Utility Stock Plummets on New Acquisition

11:53am, Tuesday, 06'th Dec 2022
NRG Energy Inc (NYSE:NRG) stock is plummeting today, down 14% at $35.10 at last glance, after news that the utility name will acquire Vivint Smart Home (VVNT) for $12 per share, or $5.2 billion -- inc
Vivint Smart Home (NYSE: VVNT ) is jumping more than 32% today after NRG Energy (NYSE: NRG ) agreed to buy the company for $2.8 billion in cash. The total value of the deal, including Vivint's debt, i
NRG Energy (NRG) announced it is buying Vivint Smart Home (VVNT) for $2.8 billion. These are the details.

Why NRG Energy Is Buying Vivint Smart Home

08:37am, Tuesday, 06'th Dec 2022
Acquiring the smart home platform company facilitates NRG's push into the consumer segment, says the energy and utilities company.
Deal for Vivint, which offers integrated home systems that include security, lighting and other services, would accelerate NRG's consumer-focused growth strategy.
NRG Energy Inc. NRG, -0.99% said Tuesday it will pay $12 a share or $2.8 billion in cash for Vivint Smart Home Inc. VVNT, -4.67% and assume $2.4 billion of the company's debt for a total deal value of
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

What Makes NRG (NRG) a New Buy Stock

01:33pm, Tuesday, 22'nd Nov 2022
NRG (NRG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Electric power utilities like AEP, PCG, ED and NRG have well-chalked-out capital investment plans to upgrade infrastructure and add clean assets to their generation portfolio to provide efficient serv
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