Edison International (EIX) has received significant attention following the
wildfires in
California. The company's persistent efforts to respond to the crisis, with over
500,000 restored customers, have led to several
stock fluctuations. However, with ongoing investigations and
lawsuits faced due to the wildfires, the company's share price saw a 10% drop in some circumstances. As a result, experts identified EIX as one among the
biggest losers in the week of the crisis, causing some investors to accuse the company of
securities fraud. Meanwhile, institutions such as
Ladenburg and
UBS Group had upgraded EIX amid the crisis, resulting in a rebound in share prices. The actions by Edison International, coupled with its long-term
value, have led some analysts to defend the company as a strong buy. Nevertheless, the uncertainty and pending investigations have kept many investors hesitant to invest.
Edison International EIX News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Fri, 17 Jan 2025 20:42:16 GMT -
Rating -5
- Innovation -1
- Information 5
- Rumor -6
