PG&E’s share price plunges on bankruptcy fears as US insurers sue

Californian utility firm PG&E’s share price has plunged over 20 percent in early trading today following growing speculation that the company may file for bankruptcy over mounting lawsuits from the devastating state wildfires in November.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com