Hawaiian Electric Industries shares are trading higher as the stock rebounds. The stock fell as the company faces scrutiny for not shutting off power to reduce fire risks.
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric Industries' shares are trading higher after a recent drop due to scrutiny over the company's decision not to shut off power to reduce fire risks.
August 16, 2023 | 6:27 pm
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POSITIVE IMPACT
Hawaiian Electric Industries' stock is rebounding after a drop due to regulatory scrutiny over fire risk management.
The company's stock is rebounding after a drop caused by scrutiny over its decision not to shut off power to reduce fire risks. This indicates investor confidence in the company's ability to manage the situation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100