S&P 500 Gains and Losses Today: Edison International Stock Falls as Analysts Cites Liability Risk
1. EIX shares fell 8.1% after an analyst downgrade. 2. Concerns over wildfire liabilities impacted investor sentiment. 3. EIX's downgrade from outperform to peer perform highlights legal risks. 4. California utilities face legislative changes increasing liability costs. 5. PG&E shares also declined, reflecting similar industry concerns.