PG&E Down Over 23% After Warning On Potential Cost of Liability Claims Due to California Wildfire -- Data Talk
November 15 2018 - 12:00PM
Dow Jones News
PG&E Corporation (PCG) is currently at $19.54, down $6.05 or
23.64%
-- Would be lowest close since June 19, 2003 when it closed at
$19.40
-- On pace for largest percent decrease since Aug. 1, 2002 when
it fell 29.78%
-- On Wednesday, PG&E warned in a securities filing that its
$1.4 billion of insurance coverage for wildfires occurring between
Aug. 1 and July 31, 2019, may be insufficient to cover all
potential liability claims against the company
-- Currently down seven of the past eight days
-- Currently down six consecutive days; down 59.96% over this
period
-- Worst six day stretch on record (Based on available data back
to January 21, 1972)
-- Down 51% this week; on pace for its worst week on record
(Based on available data back to Jan. 21, 1972)
-- Down 58.26% month-to-date; on pace for its worst month on
record (Based on available data back to Jan. 21, 1972)
-- Down 56.41% year-to-date; on pace for worst year on record
(Based on available data back to Jan. 21, 1972)
-- Down 64.57% from 52 weeks ago (Nov. 16, 2017), when it closed
at $55.15
-- Would be a new 52 week closing low
-- Down 26.53% at today's intraday low
-- Worst performer in the S&P 500 today
-- Second most active stock in the S&P 500 today
All data as of 11:16:03 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 15, 2018 11:45 ET (16:45 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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