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Utility stocks plummet as California wildfires spread

Reuters Friday, 9 November 2018
Utility stocks plummet as California wildfires spreadShares of California power utilities plummeted on Friday as wildfires in California left thousands of customers without gas and electricity.
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News video: California Wildfires Send Utility Stocks Slumping

California Wildfires Send Utility Stocks Slumping 00:39

On Monday, California utility stocks plummeted for a second day in a row. The plunge comes after deadly wildfires killed at least 31 people and left hundreds missing. Reuters reports the wildfires have caused $2 billion in property losses. Companies facing potential liability. PG&E Corp operates in...

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