EIX fell after a California wildfire bill omitted liability caps, leaving the utility exposed to uncapped risk and analyst downgrades.
read the report →EIX
Edison International
Edison International is a premier public utility holding company. It generates and distributes electricity to approximately 15 million residents across Southern, Central, and Coastal California.
Price history
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Every session it moved
newest firstCalifornia lawmakers failed to pass wildfire liability reforms, leaving the company exposed to uncapped financial liabilities.
read the report →Shares fell after California's Senate Bill 492 omitted expected wildfire liability protections, leading to major analyst downgrades.
read the report →EIX fell after California SB 492 failed to pass wildfire liability caps, prompting a wave of Wall Street analyst downgrades.
read the report →The stock surged 8.93% in a relief rally driven by high call option volume and institutional dip-buying after an overdone selloff.
read the report →California state lawmakers advanced Senate Bill 492 without critical wildfire liability protections, leaving EIX fully exposed.
read the report →EIX fell on a Q2 revenue miss, wildfire liability and credit downgrade warnings, and an analyst downgrade by Barclays.
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