Why Shares of PG&E Soared Higher Today
The bankrupt utility offered concessions to win over California's governor.
PG&E
PCG
PCG
$16.20
-$0.56
-3.3%
Price as of February 14, 2020, 4:15 p.m. EST
View Interactive PCG Charts
Holding company for Pacific Gas and Electric Company which is primarily engaged in the businesses of electricity and natural gas distribution, electricity generation, procurement and transmission, and natural gas procurement, transportation and storage.
News & Analysis: PG&E
The Fool has written over 200 articles on PG&E.
Why Shares of PG&E Are Soaring Higher Today
The utility has settled a dispute with a powerful creditor committee, clearing a hurdle in its effort to exit bankruptcy.
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Why Shares of PG&E Lost More Than Half Their Value in 2019
The utility's bankruptcy drama played out slowly as the year dragged on.
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Why Shares of PG&E Are Up Today
The bankruptcy court has signed off on some huge settlements that are key to the utility's restructuring plan.
Why Shares of PG&E Climbed Today
The bankrupt utility says it has a work-around after California's governor objected to its restructuring plan.
Why Shares of PG&E Are Falling Today
California's governor creates a new obstacle to the utility's plan to exit bankruptcy.
Why Shares of PG&E Are Up Today
Let the speculation begin on how much the shares might be worth when the utility exits bankruptcy.
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Find out why these stocks stood out on a quiet day on Wall Street.
