Edison International Faces Challenges Amid California Wildfire Crisis

Shares of California utility Edison International have dropped 10% as devastating wildfires continue to rage across the state. The company, which provides power to millions of customers in Southern California, is currently facing a major crisis as fires have caused widespread power outages. As of now, more than 413,000 customers are without power, highlighting the severity of the situation. Edison International is working tirelessly to restore power to affected areas, but the scale of the wildfires is making the process difficult. This crisis has caused significant damage to the company's stock, leading to a drop in share prices. However, experts from Stocks Prognosis recommend investors to consider buying the stock, as they predict a positive future outlook for Edison International once the wildfires are under control and power is restored to all customers.