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Edison International EIX - News Analyzed: 4,971 - Last Week: 54 - Last Month: 232

β‡˜ Investor Interests Increase in Edison International Despite Lawsuits and Potential Ties to California Wildfires

Investor Interests Increase in Edison International Despite Lawsuits and Potential Ties to California Wildfires
Edison International (EIX) seems to be continuously attracting investors, whether through purchases of hundreds to thousands of shares by various financial entities like Slagle Financial LLC, denkapparat Operations GmbH, and Vanguard Group Inc.. Despite the company's involvement in a class action lawsuit relating to securities fraud, it's perceived as a strong value stock and a SAFE dividend stock. Current shareholders were reminded to take the lead in the securities fraud lawsuit. Furthermore, several companies, such as the Kessler Topaz Meltzer & Check, LLP and Rosen Law Firm, have initiated a securities class action lawsuit against the company. The company’s earnings seem strong, even though it missed estimates in its Q4 earnings. Several firms, including Mizuho, have adjusted their expectations for the company's stock price accordingly. Questions have arisen about Edison's involvement in the California wildfires and whether it warrants the stock's recent 10% drop. Yet, still, some see upside potential due to the company's oversold status.

Edison International EIX News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sat, 29 Mar 2025 11:10:05 GMT - Rating -4 - Innovation -3 - Information 8 - Rumor -5

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