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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 17.23 USD | +0.06% |
|
-1.43% | -4.44% |
| 07-02 | Sector Update: Energy Stocks Mixed Late Afternoon | MT |
| 07-02 | Sector Update: Energy Stocks Decline Tuesday Afternoon | MT |
(Reuters) - Shares of power producer PG&E Corp jumped on Monday after a Bloomberg News report said an investor group had offered the company a $4 billion alternative plan that would avoid bankruptcy, according to a CNBC report on Monday.
PG&E said this month it plans to file for Chapter 11 bankruptcy protection after coming under pressure from potentially crushing liabilities linked to California's wildfires in 2017 and 2018.
PG&E shares were last higher by 4.8 percent after rising as much as 15 percent earlier.
(This story corrects the attribution in headline).
(Reporting by Arundhati Sarkar in Bengaluru; Editing by Sai Sachin Ravikumar)
| 1st Jan change | Capi. | |
|---|---|---|
| -4.44% | 36.8B | |
| +18.69% | 148B | |
| +11.29% | 84.98B | |
| +0.04% | 80.5B | |
| +3.63% | 77.05B | |
| -0.36% | 73.01B | |
| +80.76% | 66.22B | |
| 0.00% | 47.33B | |
| +8.18% | 46.15B | |
| +4.49% | 41.25B |
PG&E CORPORATION 
