Edison International, headquartered in Rosemead, California, employs 14,316 people and generates renewable energy through its subsidiaries, including SCE, which supplies electricity to 15 million people in Southern California. Edison Energy, LLC, a subsidiary, offers sustainability and energy solutions to various customers.
EIX has been in the news recently: Southern California Edison (SCE) is under investigation for its equipment's potential involvement in the Eaton Fire, which resulted in 17 deaths and significant property damage. Additionally, Edison International's stock dropped 11.89% amid allegations of misleading information, prompting a law firm to explore potential claims for shareholders.
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