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nachbörslich knapp 42% hoch, nachdem es im regulären handel noch ein minus von 30 auf der tafel standen....
PG&E stock soars after hours as PUC chief says bankruptcy unlikely
Shares of PG&E Corp. surged more than 40% in after-hours trading Thursday after a state regulator said he had no interest in seeing the California utility declare bankruptcy.
“It’s not good policy to have utilities unable to finance the services and infrastructure the state of California needs,” state Public Utilities Commission President Michael Picker told Bloomberg News. “They have to have stability and economic support to get the dollars they need right now.”
PG&E PCG, +41.21% tumbled 31% in regular trading Thursday, hitting a 15-year low on fears of massive liabilities if it is found responsible for the Camp Fire, the deadliest and most destructive wildfire in California history. The company, owner of Pacific Gas & Electric Co., said Tuesday that some of its equipment appeared to malfunction just before the fire started last week. An investigation is under way, and will likely last months. PG&E shares have dropped 61% in the past five days.
https://www.marketwatch.com/story/pge-st...yptr=yahoo
PG&E stock soars after hours as PUC chief says bankruptcy unlikely
Shares of PG&E Corp. surged more than 40% in after-hours trading Thursday after a state regulator said he had no interest in seeing the California utility declare bankruptcy.
“It’s not good policy to have utilities unable to finance the services and infrastructure the state of California needs,” state Public Utilities Commission President Michael Picker told Bloomberg News. “They have to have stability and economic support to get the dollars they need right now.”
PG&E PCG, +41.21% tumbled 31% in regular trading Thursday, hitting a 15-year low on fears of massive liabilities if it is found responsible for the Camp Fire, the deadliest and most destructive wildfire in California history. The company, owner of Pacific Gas & Electric Co., said Tuesday that some of its equipment appeared to malfunction just before the fire started last week. An investigation is under way, and will likely last months. PG&E shares have dropped 61% in the past five days.
https://www.marketwatch.com/story/pge-st...yptr=yahoo
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