PG&E Stock Tanks As Shareholders Expect Raw Deal From Rival Restructuring Plans
- Wednesday, October 23, 2019, 7:11
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Pacific Gas and Electric Company (PG&E) is an investor-owned utility which provides electricity and natural gas in Northern California. The stock has tanked roughly 30% since the beginning of the year, falling from about $11 last Wednesday, to about $7.70 currently. The company filed for Chapter 11
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