From Yahoo Finance: 2025-05-01 11:15:00

Edison International’s updated Eaton disclosure suggests Southern California Edison’s equipment likely caused a fire, impacting stock price by 8%. Despite ongoing investigation, Edison hasn’t found evidence of another ignition source, leading to a “probable” material loss conclusion. Citi maintains a Buy rating with an $86 price target.

Source: TheFly.

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Read more: Edison updated fire disclosure slight negative, says Citi