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PG&E Shares Tank After New Bankruptcy Rulings
Monday, August 19, 2019 - 10:54am | 607Read More...PG&E Corporation (NYSE: PCG) shares plummeted 27% on Monday after two critical courtroom rulings about the California utility’s wildfire liabilities and ongoing bankruptcy proceedings. What Happened The major blow for PG&E shareholders came when a judge ruled that a jury should...
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Expert Take On PG&E Equity Offering, Bankruptcy Outlook
Thursday, August 8, 2019 - 1:41pm | 772Read More...PG&E Corporation (NYSE: PCG) shares jumped 4% Thursday following a new filing that revealed shareholders have agreed to a $15 billion offering to help the company pay for its reorganization efforts. PG&E stock has had a rollercoaster year as investors try to navigate the company’...
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What's Next For PG&E? Bondholders Look To Forge New Path For The Company
Tuesday, June 25, 2019 - 5:08pm | 746Read More...PG&E Corporation (NYSE: PCG) rallied another 1.4% on Tuesday, and the stock is now up more than 50% from its January lows as investors grow increasingly confident that the company’s bankruptcy filing earlier this year will not wipe them out. On Tuesday, PG&E bondholders filed a new...
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Why Bankrupt PG&E Isn't Trading At $0
Friday, April 26, 2019 - 10:50am | 1099Read More...It’s been a wild ride for PG&E Corporation (NYSE: PCG) investors in the last few months. The stock had dropped down 74 percent to under $7 per share in three months when the company officially filed for bankruptcy Jan. 29. Since that filing, the stock has actually skyrocketed 66 percent....





