NewsMV
(PCG) closed at $13.13, up 3.63%, as investors positioned ahead of the utility's upcoming earnings call scheduled for October 22.
The California regulated utility, which provides electricity and natural gas service, saw trading volume reach 47.5 million shares, a figure approximately 28% above its three-month average of 36.9 million shares.
The stock's performance on the session outpaced several sector peers. Edison International (EIX) closed at $55.30, up 1.84%, while Duke Energy (DUK) finished at $116.65, down 0.15%.
Broader market indices also advanced, with the S&P 500 ending at 7,811, up 0.59%, and the Nasdaq Composite closing at 27,366, up 0.64%. Despite the recent gain, PG&E shares remain down about 17% over the past year.
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