PG&E Down Over 28%, on Pace for Largest Percent Decrease Since August 2002 -- Data Talk

PG&E Corporation (PCG) is currently at $23.39, down $9.33 or 28.51%

-- Would be lowest close since September 25, 2003 when it closed at $23.26

-- On pace for largest percent decrease since Aug. 1, 2002 when it fell 29.78%

-- Earlier Wednesday, PG&E was cut to sell from hold by Edward Jones, Benzinga reported

-- PG&E said in a securities filing Tuesday that equipment owned by California's largest utility company appeared to have malfunctioned in an area where a wildfire started last week. PG&E said that if the company's equipment is determined to be the cause, it would face potential liabilities beyond its insurance coverage

-- Down 50.03% month-to-date

-- Down 47.83% year-to-date; on pace for worst year on record (Based on available data back to January 21, 1972)

-- Down 67.31% from its all-time closing high of $71.56 on Sept. 11, 2017

-- Down 57.95% from 52 weeks ago (Nov. 15, 2017), when it closed at $55.63

All data as of 12:11:05 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 14, 2018 12:41 ET (17:41 GMT)

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