IFRA - Why Hawaiian Electric Industries Shares Are Rocketing Today | Benzinga
Hawaiian Electric Industries, Inc. (NYSE:HE) shares are surging today following a report suggesting the company reached a settlement plan over the Maui wildfires.
Hawaiian Electric Industries is among the companies that have tentatively agreed to pay over $4 billion to resolve hundreds of lawsuits, Bloomberg reported, citing people familiar with the deal.
Hawaiian Electric is responsible for roughly $1.5 billion of the settlement, with the shares of ...