Hawaiian Electric up after settlement adoption featured on Maui council agenda

Shares of Hawaiian Electric are up 66c, or 5%, to $12.82 as an agenda for the Council of the County of Maui meeting to be held on July 19 gets passed around by traders. The agenda shows that a committee report will be presented “Recommending ADOPTION of Resolution 24-128, CD1, authorizing a global settlement of all wildfire litigation against the County of Maui, collectively, arising from the August 2023 wildfires on Maui Island.”