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Hawaiian Electric Industries, Inc. (NYSE:HE) shares are trading lower by 5.4% to $13.22 Tuesday morning, pulling back following Monday’s strength. Shares gained Monday after the company released an in-depth response to the lawsuit recently filed by the County of Maui surrounding the fires on August 8.
Hawaiian Electric shares otherwise fell sharply last week after Maui County filed a lawsuit against the company alleging a role in the Lahaina Wildfires. The company also suspended its divided.
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