Hawaiian Electric Industries shares continued their record slump, shedding nearly 31% in premarket trading on Thursday, as the electric utility faces increased scrutiny over whether its equipment might have played any role in the deadly Maui wildfires.
The company's stock has lost more than half its value since the Aug. 8 wildfires that killed at least 110 people and destroyed the coastal Maui town of Lahaina.
This week, Hawaiian Electric was slapped with class-action lawsuits alleging culpability for the fires, as well as a downgrade from S&P Global Ratings to junk status.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Hawaiian Electric shares plummet 40% after Maui wildfires lawsuitThe cause of the Maui wildfires remains under investigation.
Consulte Mais informação »
Hawaiian Electric shares plummet 40% after Maui wildfires lawsuitThe cause of the Maui wildfires remains under investigation.
Consulte Mais informação »
Hawaiian Electric Is Facing Multiple Lawsuits In The Aftermath Of Maui WildfiresThe company, whose utilities provide electricity for 95% of the islands, is accused of bearing responsibility for the deadly Maui fires.
Consulte Mais informação »
How to Help Hawaiian Islanders Affected by Maui's WildfiresA devastating wildfire has destroyed large portions of the Hawaiian island of Maui, including the historic town of Lahaina. Here's how you can help residents right now.
Consulte Mais informação »
Hawaiian community in Alaska organizes relief for Maui fire victimsWatching the tragedy unfold on social media, Tasha Kahele said she felt a sense of hopelessness at first.
Consulte Mais informação »