California’s biggest utility was rocked Monday after lawmakers dealt Gov. Gavin Newsom a blow over a sweeping wildfire liability overhaul.

If Edison International sparks a wildfire, it will have to pay for it.

Edison International stock analysis highlights a sharp downtrend due to wildfire liability risks, showing deep oversold conditions and key support levels.

These are some of the stocks posting the largest moves midday.

California lawmakers handed utility investors a brutal surprise over the weekend, and the fallout raises an urgent question about whether PG&E and Edison International can absorb what comes next without a credit rating collapse.

California lawmakers handed utility investors a brutal surprise over the weekend, and the fallout raises an urgent question about whether PG&E and Edison International can absorb what comes next without a credit rating collapse.

Edison International (NYSE:EIX) Shares Gap Down - Here

California’s latest wildfire bill triggered a sharp selloff in utility stocks, with BMO Capital stating the bill leaves investors exposed to ‘open-ended wildfire-related tail risk.’

Mizuho reiterated a "neutral" rating and set a $70.00 price objective (down from $86.00) on shares of Edison International in a research note on Monday.