10 Stocks Investors Dumped Fast

5. PG&E Corporation (NYSE:PCG)

PG&E Corporation extended its losing streak to a seventh consecutive day on Monday, touching a new all-time low as investor sentiment was dented by its ongoing financial and operational hurdles.

PG&E Corporation (NYSE:PCG) fell to a new 52-week low of $14.56 before slightly pulling up to end the day just down by 6.78 percent at $14.58 apiece.

Monday’s trading was partly influenced by a rating downgrade from Wolfe Research, having lowered its price target to $19 from $22 previously, as well as the decrease in natural gas prices during the day.

Wolfe Research, however, maintained an “outperform” rating for the company’s stock.

PG&E Corporation (NYSE:PCG) is one of the largest utility companies in the US. It provides natural gas and electric service to approximately 16 million people throughout a 70,000-square-mile service area in northern and central California.