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PennyStock Alert

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Re: None

Friday, 11/16/2018 8:44:49 AM

Friday, November 16, 2018 8:44:49 AM

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https://www.cnbc.com/2018/11/15/beleaguered-utility-pge-shares-pop-37percent-after-hours.html

Shares of utility PG&E popped 46 percent in premarket trading Friday after the head of a regulator eased worries about the California-based utility going bankrupt.
In a call with Wall Street analysts, California Public Utilities Commission head Michael Picker reportedly said he could not imagine letting PG&E go bankrupt as it faces billions of dollars in potential liability from the wildfires ravaging California. Picker's comments on the call were first reported by Bloomberg News.



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