PCG PG&E Corporation

PG&E Corporation (PCG) is currently at $7.68, down $3.30 or 30.08%

-- Would be lowest close since Jan. 18, 2019, when it closed at $7.23

-- On pace for largest percent decrease since Jan. 14, 2019, when it fell 52.36%

-- On Wednesday, PG&E cut power to about 700,000 households and businesses in northern and central California in a move of unprecedented scale meant to avert the type of deadly infernos that killed dozens last year and propelled it into bankruptcy court.

-- Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco cleared the way for a rival chapter 11 plan from Elliott and other bondholders that are allied with victims of wildfires that drove PG&E to bankruptcy

-- Currently down two of the past three days

-- Down 23.23% month-to-date

-- Down 67.68% year-to-date; on pace for worst year on record (Based on available data back to Jan. 21, 1972)

-- Down 89.27% from its all-time closing high of $71.56 on Sept. 11, 2017

-- Down 83.53% from 52-weeks ago (Oct. 11, 2018), when it closed at $46.62

-- Traded as low as $7.51; lowest intraday level since Jan. 24, 2019, when it hit $7.30

-- Down 31.6% at today's intraday low; largest intraday percent decrease since Jan. 15, 2019, when it fell as much as 39.5%

All data as of 10:32:22 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 10, 2019 11:07 ET (15:07 GMT)

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