Actionable news
All posts from Actionable news
Actionable news in NRG: NRG ENERGY Inc,

NRG shares up 9% as Wall Street cheers ‘transformation’ plan

Shares of NRG Energy Inc. were on track for their best week on record following the energy company’s plan to shift its strategy away from renewables and sell power plants and other assets worth up to $4 billion.

NRG NRG, +5.88% stock extended gains for a third session, up nearly 43% in that span. Weekly gains topped 41%, the shares’ best ever. A close around current levels would be the stock’s highest in two years.

That follows a rise of 29% on Wednesday, which made NRG stock the top gainer on the S&P 500 index SPX, +0.19% as the company