PG&E Shares Slide as Judge Permits Rival Bankruptcy Plan

Shares of PG&E Corp. plummeted after a judge cleared the way for a rival bankruptcy plan that could nearly wipe out the utility’s shareholders.

PG&E Shares Slide as Judge Permits Rival Bankruptcy Plan
Shares of PG&E Corp. plummeted after a judge cleared the way for a rival bankruptcy plan that could nearly wipe out the utility’s shareholders.