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KM Financial Solutions | UPDATE 7-PG&E shares surge 40 pct on report regulator wants to avoid bankruptcy from wildfire
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UPDATE 7-PG&E shares surge 40 pct on report regulator wants to avoid bankruptcy from wildfire

15 Nov UPDATE 7-PG&E shares surge 40 pct on report regulator wants to avoid bankruptcy from wildfire

Posted at 05:37h in News by
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PG&E Corp
shares soared 40 percent in after-hours trade on
Thursday following a report that a regulatory official told
investors the agency does not want the utility to go into
bankruptcy should it be found responsible for this month’s
deadly wildfire in northern California.

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