On Tuesday, California utility stocks pared some losses suffered during a rout that followed a Monday deal between Gov. Gavin Newsom and state legislators regarding a bill intended to manage liability for wildfires. The state Assembly declined to bring the bill to a vote Tuesday, effectively killing the measure.
S&P 500 stock Edison International (EIX) rebounded 8.9% in late trade…
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California Utility Stocks Plummet After Wildfire Legislation Announced
investors.com
31.08.2026
PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability
marketwatch.com
31.08.2026
PG&E, Edison Head for Biggest Stock Drop in Years on California Wildfire Legislation
wsj.com
31.08.2026
PG&E Stock Plummets on California Wildfire Legislation. Why Wall Street Isn’t Happy.
barrons.com
31.08.2026
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