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- Hawaiian Electric stock has plunged as much as 49% since the start of the devastating Maui fires.
- The fires broke out last week and killed at least 96 people in what has turned into the deadliest US wildfire in over a century.
- While no cause to the fire has yet been determined, suspicions are growing that Hawaiian Electric equipment may have played a role.
Shares of Hawaiian Electric plunged as much as 41% on Monday and are down 49% since the devastating Maui fires broke out last week.