) shares continued their record slump, briefly hitting their lowest level since 1985 in early trading on Thursday, as the utility faces increased scrutiny over whether its equipment might have played a role in the deadly Maui wildfires.
The stock, briefly halted for volatility in early trading, pared some premarket losses and was last down about 16.5% at $11.8. The Wall Street Journal reported on Wednesday that the company is speaking with restructuring advisory firms to address its recent financial and legal challenges.
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