NRG Energy Inc.’s stock rocketed to its best-ever one-day percentage performance Wednesday, after the power plant operator revealed a “transformation plan” aimed cutting costs, slashing debt and selling assets. The stock closed up 29.39%, the biggest one-day gain since it came out of bankruptcy in late 2003. Volume ballooned to 47.4 million shares, about 11 times the full-day average. The previous biggest rally was 29.33% on Oct. 20, 2008. The stock closed at the highest level since Aug. 17, 2015. It has now run up 72% year to date, while the SPDR Utilities Select Sector ETF has gained 6.8% and the S&P 500 has climbed 9.1%.
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