LOS ANGELES − As multiple wildfires continue to burn through Southern California, evacuation orders remain in place throughout the region through at least Thursday. Authorities continue to investigating the causes of three wildfires that began burning in Southern California on Tuesday and two fires that sparked north of Los Angeles and in Hollywood on Wednesday.

The devastating wildfires ripping through northwest Los Angeles are still burning as firefighters respond to the threat facing southern California. Thousands of people have evacuated homes and businesses,

Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.

Edison International (NYSE:EIX) settled -10.2% on Wednesday, after plunging as much as 13% to its lowest level in nine months, on fear and uncertainty over the wildfires in southern California; SoCal Edison is the power utility for the areas directly surrounding the city of Los Angeles.