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Sempra’s Stock Plunge: A Cautionary Tale for Investors
Sempra’s stock plunged nearly 19%, closing at $70.64, following a revision in earnings projections due to California’s rate case decision. The company’s annual earnings forecast was adjusted from $4.9-$5.25 per share to $4.3-$4.7, causing concern among investors. Sempra plans a 16% increase