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Edison International Stock Plunges 20% Below Key Averages on Wildfire Liability Fears

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Edison International stock is in freefall, opening at 55.98 before crashing to a 53.13 low and closing near the bottom at 53.25. Trading roughly 25-26% below its 20-day and 50-day moving averages, the market has repriced this utility’s risk…

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Edison International Stock Plunges 20% Below Key Averages on Wildfire Liability Fears
Cryptonomist Aug 31, 17:13 UTC

Edison International Stock Plunges 20% Below Key Averages on Wildfire Liability Fears

Edison International stock is in freefall, opening at 55.98 before crashing to a 53.13 low and closing near the bottom at 53.25. Trading roughly 25-26% below its 20-day and 50-day moving averages, the market has repriced this utility’s risk…