PG&E shares dip on new stock offerings

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Pacific Gas & Electric Co. (PCG) shares declined following the company's announcement of a new stock offering. The utility company plans to issue preferred stock and convertible shares. Despite the stock price pressure, PG&E increased its dividend payment from $0.02 to $0.03 per share.

Market Domination Co-hosts Julie Hyman and Josh Lipton break down the details.

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This post was written by Angel Smith