4 ms·

>The stock rose 3% Friday After crashing 30%+ the day before. They are essentially bankrupt.

• aodin 7y ago
  PG&E filed for chapter 11 bankruptcy protections on Jan. 29th of this year. https://en.wikipedia.org/wiki/Pacific_Gas_and_Electric_Company#2019_bankruptcy https://en.wikipedia.org/wiki/Pacific_Gas_and_Electric_Compa...
  • Overtonwindow 7y ago
    So Will this make it worse?
• dragonwriter 7y ago
  > They are essentially bankrupt. No, they are actually bankrupt.
  • masonic 7y ago
    Filing for bankruptcy protections != "bankrupt" in the conventional liquidation sense of the word.