PCG ▼ -2.6% - PG&E Corporation $PCG - XPRIZE Wildfire Awards $4.55M to Innovators Advancing Wildfire Detection and Response PG&E shares fell 2.6% today despite the company's announcement that XPRIZE awarded $4.55 million to innovators developing wildfire detection and response technologies. While the initiative underscores PG&E's commitment to addressing wildfire risk—a major operational and liability concern—the market may have interpreted the modest funding allocation as insufficient to materially reduce the utility's exposure to future fire-related costs and regulatory challenges. 23-SEP-2026 12:01 PM ET