Edison International falls as wildfires spread in Los Angels
Shares of Edison International (EIX) are moving lower as wildfires continue in Los Angels, California. Edison’s California Edison is the power utility for the areas directly surrounding the city of Los Angeles. The stock in afternoon trading is down 13%, or $10.21, to $67.17.
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Read More on EIX:
- Unusually active option classes on open January 8th
- Edison International upgraded to Overweight from Equal Weight at Barclays
- Edison International price target lowered to $87 from $96 at UBS
- Edison International raises quarterly dividend by 6% to 82.75c per share
- Edison International price target lowered to $72 from $74 at Morgan Stanley
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