US Stock Market Move | Due to wildfires, Edison International (EIX.US) fell more than 4% after shutting off power to over 110,000 customers.

On Wednesday, Edison International (EIX.US) fell by over 4%, marking its largest drop since September 2022, to $73.78. On the news front, Southern California Edison shut off power to over 114,000 customers as a public safety measure due to wildfires, and the company stated that the timeline for restoring power is uncertain.