PG&E Stock Plummets to 211th in Trading Volume Ranking Amid Wildfire Liabilities and Regulatory Pressures

Generated by AI AgentVolume Alerts
Monday, Jun 16, 2025 7:43 pm ET1min read

On June 16, 2025, Pacific Gas and Electric (PCG) saw a significant decline in trading volume, with a total of 4.82 billion shares traded, marking a 31.22% decrease from the previous day. This drop placed

at the 211th position in terms of trading volume for the day. The stock price of PCG also experienced a downturn, falling by 0.29% and marking its fourth consecutive day of decline, with a total decrease of 8.05% over the past four days.

PG&E Corporation recently hit a new 52-week low, trading as low as $13.49 and closing at $13.57. This downturn is attributed to ongoing challenges, including regulatory pressures and operational difficulties.

Investors are concerned about potential liabilities from California wildfires, which have contributed to the recent decline in PG&E's stock price. The company's stock has been under pressure due to these geopolitical risks and operational challenges.

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