California wildfires

KB Home (NYSE: KBH) stock traded lower by 16 percent Thursday, on track for its worst day of trading since 1992. The market was spooked by the homebuilder’s weak Q4 guidance that the company said was negatively impacted by the California wildfires and a weak Texas market. The company cut Q4...

PG&E Corporation (NYSE: PCG) stock is in free-fall, dropping as much as 30 percent Wednesday after the company said it experienced an “electric incident” prior to the beginning of the Camp Fire in California and told investors its insurance would not be able to cover its...

PG&E Corporation (NYSE: PCG) stock plunged Monday after a 12-percent drop Friday as investors grow increasingly concerned about the financial impact of the California wildfires. Although there is no evidence as of yet that the Camp Fire, the Hill Fire or the Woolsey Fire were caused by...