CNBCのインスタグラム(cnbc) - 1月25日 09時21分

PG&E stock was on the move Thursday afternoon.

Investigators have determined that PG&E’s equipment was liable in at least 17 major wildfires in 2017. But Thursday afternoon, after California investigators cleared the utility company of liability in one October 2017, shares of the company rose.

The big move upward on Thursday still leaves the company’s stock down more than 67% over the last 12 months. The stock ultimately closed at $13.95 a share.

PG&E said earlier this month that it plans to file for Chapter 11 bankruptcy protection in the aftermath of the devastating fires in 2017 and 2018. More, at the link in bio. *
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