PCG stock fell after California lawmakers omitted key wildfire liability protections from SB 492, prompting widespread analyst downgrades.
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S&P 500
PCG
PG&E Corporation
latest move
-22.23%
2026-09-03
5 sessions · 2026-08-28 → 2026-09-03 · avg 16.52% · largest 26.84%
PG&E Corporation is a regulated, investor-owned public utility providing natural gas and electricity to customers across Central and Northern California.
Price history
stitched from the price window carried by each report
Every session it moved
newest first2026-09-03Bearish
-22.23%weekly change2026-09-02Bearish
-26.84%weekly changeAn amended California bill omitted critical wildfire liability protections for utilities, triggering widespread analyst downgrades.
read the report →2026-09-01Bullish
+5.95%24 hours changeThe stock surged as California lawmakers adjourned without voting on a controversial wildfire liability proposal, SB 492.
read the report →2026-08-31Bearish
-20.06%24 hours changePG&E stock plunged after California lawmakers amended SB 492 to omit wildfire liability caps and subrogation shields for utilities.
read the report →2026-08-28Neutral
-7.52%24 hours changeCalifornia lawmakers rejected a proposal to ban insurance subrogation claims against utilities following wildfires.
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