Why These 15 Large-Cap Stocks Are Plunging So Far In 2025

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5. Edison International (NYSE:EIX)

Number of Hedge Fund Holders In Q4 2024: 38

Edison International (NYSE:EIX) is an electric utility holding company that provides electricity to 15 million people in Southern California through its subsidiary, Southern California Edison.

The stock is down significantly so far in 2025 as the company faces multiple lawsuits alleging its equipment caused devastating wildfires. These fires have resulted in significant fatalities and property losses, with insured damages estimated between $28 billion and $35 billion.

Video evidence has reportedly shown electricity arcing from Edison’s equipment before the fire began. Edison itself disclosed that its equipment might have been involved in other fires.

Moreover, it reported adjusted EPS of $1.05 and missed analyst expectations of $1.09.

The consensus price target of $76.54 implies 38.6% upside.

EIX stock is down 30.14% year-to-date.

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