Hawaiian Electric shares are trading lower on reports indicating Hawaii's attorney general will release a report related to the Lahaina fire response, which doesn't find fault with first responders.
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric's stock is trading lower following news that Hawaii's attorney general is set to release a report on the Lahaina fire response, which absolves first responders of blame.

April 16, 2024 | 7:39 pm
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Hawaiian Electric's shares are down due to upcoming release of a report by Hawaii's attorney general on the Lahaina fire, which clears first responders of fault.
The anticipation of the attorney general's report on the Lahaina fire, which is expected to clear first responders of any wrongdoing, has negatively impacted Hawaiian Electric's stock. Investors may be concerned about potential implications for the company, despite the absence of blame on first responders, possibly due to fears of unforeseen liabilities or public perception issues.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100