PG&E Stock Soars 50% as Investors Brush off Bankruptcy Concerns

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PG&E Stock Soars 50% as Investors Brush off Bankruptcy Concerns


By CCN.com: Pacific Gas and Electric (PG&E) recently floated the notion that it will probably be filing for bankruptcy. The Wall Street Journal calls this the first “climate change bankruptcy.” The company may be liable for billions in damages from recent wildfires in California. California’s fire agency found in June that PG&E’s equipment was to blame

The post PG&E Stock Soars 50% as Investors Brush off Bankruptcy Concerns appeared first on CCN

Posted by P. H. Madore on January 25, 2019 @ https://www.ccn.com/pge-stock-soars-50-as-investors-brush-off-bankruptcy-concerns/

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