Re:PG&E stock plunged 32% after it disclosed a possible link...
by koboll on Thursday November 15, 2018 @09:04AM
(#18459270)
This exactly is what's likely to happen.
Note also: PG&E is already being sued for allegedly causing last fall's devastating fires in northern California. That plus damages for this year's fires is very likely to force them into bankruptcy.
Hence a plunging stock price as everyone rushes to get out while they still can.
Note also: PG&E is already being sued for allegedly causing last fall's devastating fires in northern California. That plus damages for this year's fires is very likely to force them into bankruptcy.
Hence a plunging stock price as everyone rushes to get out while they still can.