Vistra Shares Jump After January 2026 Announcement of $4 Billion Cogentrix Energy Acquisition

On January 6, 2026, Vistra Corp.'s stock gained 4.63% in premarket trading to $170.56 after it disclosed a roughly $4 billion agreement to buy Cogentrix Energy. The deal adds about 5,500 megawatts of modern natural gas capacity and is structured with cash, stock, assumed debt, and expected tax benefits, with closing targeted for mid-to-late 2026.