Reply To: Traders Market Weekly: Inflation and the Fed

#48920
Truman
Participant

The S&P 500 utilities sector (+0.1%) is alone in positive territory despite a big loss in NRG Energy (NRG 35.80, -5.00, -12.2%), which trades down on the news that it will acquire Vivint Smart Home (VVNT 11.90, +2.91, +32.4%) for $12 per share or $2.8 billion in an all-cash transaction.

NRG Energy to Buy Vivint Smart Home in $5.8 Billion Deal