PG&E Corporation

PG&E is plunging after report says it still plans to seek bankruptcy protection (PCG)

• PG&E, California's largest utility, said Thursday that despite being cleared of any fault in the 2017 Tubbs Fire, it still faced "significant potential liabilities."
  
  
• A person familiar with the matter told Reuters the utility would still seek bankruptcy protection later this month.
  
  
• Shares fell more than 10% early Friday.
  

https://markets.businessinsider.com/news...1027896607