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.

The onslaught of wildfires in Los Angeles and surrounding southern California communities has caused a dramatic drop in the stock of Edison International, the utility that serves much of the affected area, affecting the utility’s 401 (k) plan investors who hold company stock.

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.