PG&E Value Lags as Dixie Fire Rages
Wildfire Victims’ Trust is Short $2.5 Billion Because of Stock Price
Firefighting aircraft attacked the Dixie Fire on Horton Ridge in the blaze's southeast area last week. | U.S. Forest Service
Sep 6, 2021
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The 900,000-acre Dixie Fire is preventing PG&E stock from rising much above $9/share, shorting a fire victims' trust funded with utility stock by $2.5 billion.