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Reuters

Reuters

PG&E shares fall after launching $2.4 billion equity capital raise

Reuters
Summary
Nutrition label

82% Informative

PG&E shares fell to as low as $20.08 , on track for the lowest close in about a month .

The power and natural gas company plans to use the proceeds from the offering for general corporate purposes.

The company is one of the largest U.S. utility providers in northern and central California .

VR Score

92

Informative language

96

Neutral language

98

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links