Power Company Hawaiian Electric Accused Of Jeopardizing Investigation Of Deadly Maui Wildfires That Killed Hundreds
Portfolio Pulse from Vandana Singh
Hawaiian Electric Industries Inc (NYSE:HE) is accused of removing key evidence from the scene of the Lahaina fire, potentially hampering the official investigation. The company is facing multiple lawsuits for allegedly sparking the Maui wildfires, including the Lahaina fire that resulted in at least 115 deaths. The company's shares are down 23.30% at $9.01 during the premarket session on the last check Friday.

August 25, 2023 | 1:25 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hawaiian Electric is facing legal issues due to its alleged role in the Maui wildfires. This has negatively impacted its stock price.
The company is facing multiple lawsuits for allegedly causing the wildfires. This negative news has led to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100