PG&E Corporation Slumps to 193rd in Trading Volume Ranking Amid Bearish Sentiment and Analyst Downgrades

Volume AlertsThursday, Jun 12, 2025 7:46 pm ET
1min read

On June 12, 2025, PG&E Corporation (PCG) experienced a significant decline in trading volume, with a total turnover of $444 million, marking a 36.31% decrease from the previous day. This placed PCG at the 193rd position in terms of trading volume for the day. The stock price of PCG also decreased by 0.63%, marking the second consecutive day of decline, with a total decrease of 3.31% over the past two days.

PG&E Corporation has been under scrutiny recently due to unusual options trading activity. On Monday, traders purchased 52,145 put options on the company, indicating a bearish sentiment among investors.

Analysts at Wolfe Research have also contributed to the recent setback of PCG. They reduced their price target for the stock from $22 to $19, while maintaining an Outperform rating. This adjustment has likely influenced investor sentiment and contributed to the stock's decline.

Despite the recent plunge, some analysts view PG&E as undervalued. With wildfire risks easing and AI-driven demand boosting long-term growth prospects, PCG stock is seen as a strong buy opportunity for investors looking to capitalize on its potential for recovery.

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