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 stock fell 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.

Key Takeaways Shares of Edison International plunged Wednesday as its Southern California Edison subsidiary was forced to shut off power to thousands of customers because of the Los Angeles-area wildfires.

Bonds tied to Edison International, the parent of the largest utility in Southern California, weakened on Wednesday after windstorms fanned wildfires into even bigger conflagrations in the Los Angeles area.

Southern California Edison is shutting off power to some customers in the state because of raging wildfires, sending shares of parent company Edison International lower. Edison stock fell 7.3% to $71.