Edison International Shares Tumble 11% as California Wildfires Rage
Edison International Shares Tumble 11% as California Wildfires Rage
EIX subsidiary, Southern California Edison, has shut power to over 110,000 customers to prevent damage to distribution lines from the wildfire, co said on Wednesday.$Edison International (EIX.US)$ shares are off 11%, falling for fourth straight session on Wednesday, as wildfires rage out of control near Los Angeles.
$愛迪生國際 (EIX.US)$ 週三，EIX股票下跌11%，連續第四個交易日下跌，因洛杉磯附近的野火失控。
EIX shares hit lowest levels since May and on track for biggest one-day percent drop since the COVID pandemic onset in March 2020.
EIX股票達到自5月以來的最低水平，並有望創下自2020年3月COVID疫情爆發以來最大的一日百分比跌幅。
Powerful winds fueling devastating fires, forcing tens of thousands to evacuate homes and scorching buildings and hillsides
強風助長了毀滅性的火災，迫使數萬人撤離家園，焚燒建築和山坡。
EIX subsidiary, Southern California Edison, has shut power to over 110,000 customers to prevent damage to distribution lines from the wildfire, co said on Wednesday.
EIX的子公司南加州愛迪生已停止爲超過110,000個客戶供電，以防止野火對配電線路造成損害，該公司週三表示。
Jefferies in note says investors remain nervous "given the lack of containment with a 'sell first, ask questions later' mindset."
傑富瑞在報告中表示，投資者仍然感到緊張，"考慮到缺乏控制，抱有'先賣出，後問問題'的心態。"
But Jefferies, which rates EIX 'buy', adds it "remains comfortable" due to the AB 1054 liability protections that limits the tail risks for utilities.
但傑富瑞將EIX的評級定爲'買入'，並補充說它"感到舒適"，因爲AB 1054責任保護限制了公用事業的尾部風險。
Meanwhile, shares of California utility PG&E Corp PCG.N off nearly 4% on the session. Co, which in 2020 emerged from a bankruptcy prompted by deadly blazes linked to its equipment, was offered a $15 bln loan last month by the U.S. DOE to bolster the power gride.
與此同時，加州公用事業PG&E CORP EQUITY UNIT的股票在這一交易中下跌近4%。該公司在2020年因與其設備相關的致命火災而破產後重新上市，上個月美國能源部向其提供了一筆150億美元的貸款，以加強電網。
Including its move on Wednesday, EIX shares down more than 11% to start 2025, after a 12% gain in 2024.
包括週三的行動在內，愛迪生國際的股票在2025年開局下跌超過11%，而在2024年上漲了12%。
