Description: PG&E’s stock has lost more than half its value this week as shareholders flee the utility amid concerns that its equipment may be partly responsible for the most destructive wildfire in California’s history.
Source: CNBC.com
Date: Nov 13, 2018
Questions for discussion:
- Why has the company stock value fallen?
- What does this scenario suggest to investors and rate payers?
- How can management mitigate the damage done to the company reputation?
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