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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| PG&E Corporation | NYSE:PCG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.04 | 0.23% | 17.57 | 17.85 | 17.425 | 17.74 | 12,844,878 | 01:00:00 |
From May 2019 to May 2024
By Stephen Nakrosis
Shares of electric utility PG&E Corp. (PCG) are rising in Wednesday's market, one day after the company said it reached a $1 billion settlement with several California cities, counties and agencies over losses resulting from deadly wildfires sparked by its equipment.
At 3:14 p.m. ET, the company's shares had gained 6.92% to $20.46. Volume was over 12 million shares trading, above the 65-day average volume of some 7.5 million.
The company had estimated it could face more than $30 billion in potential liability costs resulting from fires in 2017 and 2018. The recent settlement doesn't include lawsuits by individuals and businesses.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 19, 2019 15:36 ET (19:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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