It was a rough ride for sleepy utility stocks after California's biggest power blackout in...
It was a rough ride for sleepy utility stocks after California's biggest power blackout in years. The source appears to be a faulty transmission line operated by Arizona Public Service (PNW -2.9%), but the brunt of the outage was felt by customers of Sempra Energy’s (SRE -2.7%) San Diego Gas & Electric. Other California power companies felt investors' wrath: PCG -2.4%, EIX -2%.
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