UPDATE 1-PG&E shares plunge on bankruptcy worries
06 Jan UPDATE 1-PG&E shares plunge on bankruptcy worries
Posted at 13:49h
in
News
by KMFSLLP
PG&E Corp’s shares plunged more
than 18 percent on Monday after sources said the California
utility is exploring filing for bankruptcy protection as it
fears a massive charge in the fourth quarter related to
potential liabilities from wildfires.
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