PG&E Down 29%, On Pace for Record Low After Bankruptcy News -- Data Talk

PG&E Corporation (PCG) is currently at $5.95, down $2.43, or 29%

-- Would be new all-time low (Based on available data back to Jan. 21, 1972)

-- Currently down six of the past seven days

-- On Monday, PG&E said it intends to file for Chapter 11 around Jan. 29 as it faces more than $30 billion in potential liability costs related to its role in sparking deadly California wildfires

-- Earlier Tuesday, Morgan Stanley cut its price target on PG&E to $13.00/share from $31.00/share, Benzinga reported. Macquarie and Argus cut their ratings on PG&E, Benzinga said

-- Currently down four consecutive days; down 66.63% over this period

-- Longest losing streak since Nov. 15, 2018 when it fell for six straight trading days

-- Worst four-day stretch on record (Based on available data back to Jan. 21, 1972)

-- Down 74.95% month-to-date

-- Down 91.69% from its all-time closing high of $71.56 on Sept. 11, 2017

-- Down 86.48% from 52 weeks ago (Jan. 16, 2018), when it closed at $44.02

-- Down 39.5% at today's intraday low

-- Worst performer in the S&P 500 today

-- Most active stock in the S&P 500 today

All data as of 10:38:20 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires