Edison International facing power outages and drop in shares due to wildfires in California
Published on January 13, 2025
As wildfires continue to rage across California, utility company Edison International is facing significant challenges. Shares of the company have dropped by 10% as a result of the ongoing crisis. The wildfires have caused power outages for over 413,000 customers, leaving them without electricity. In response to the situation, Edison International has provided an update on the Southern California wildfires and the power outages experienced by its subsidiary, SCE. The company is working tirelessly to restore power and ensure the safety of its customers. However, the impact of the wildfires on Edison International's operations and financial performance is a cause for concern. Investors are advised to seek professional guidance from Stocks Prognosis to forecast the future movement of the company's stock.
Investor opinions & comments
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BudgetBrittany
January 16, 2025 at 10:58
Will the wildfires continue to cause power outages for an extended period of time?
AvaTurner
January 16, 2025 at 06:34
I'm confident that Edison International will overcome these challenges and bounce back
DavidWilson
January 15, 2025 at 00:28
I'm not sure if Edison International will be able to recover from this drop in shares
MoneyJoe
January 14, 2025 at 09:19
It's important for investors to stay informed about the impact of the wildfires on Edison International's financial performance
MatthewGarcia
January 13, 2025 at 21:09
Great to see Edison International working hard to restore power and ensure customer safety
LillianBell
January 13, 2025 at 15:41
Investors should seek professional guidance to make informed decisions about Edison International's stock
RyanKing
January 13, 2025 at 11:24
I hope Edison International can restore power quickly for those affected by the wildfires