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PG&E shares tank as power cuts irk Californians and bankruptcy ruling threatens shareholders - MarketWatch | FALAH NEWS
Shares of California utility PG&E Corp. were slammed on Thursday, as the second day of power cuts left more than 1.5 million people in the northern part of the state in the dark, with a victory for bondholders in a bankruptcy ruling adding to the downdraft. The stock PCG, -29.05% was last down 29%, putting …