Hawaiian Electric shares are trading higher after the company released an update in response to the lawsuit filed by the the County of Maui.
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric (HE) shares are trading higher following the company's response to a lawsuit filed by the County of Maui.
August 28, 2023 | 10:45 am
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POSITIVE IMPACT
Hawaiian Electric's stock is trading higher after the company responded to a lawsuit filed by the County of Maui.
The company's response to the lawsuit seems to have been received positively by the market, leading to an increase in the stock price. This suggests that investors may have been reassured by the company's handling of the legal issue.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100