Xcel Energy surges after reaching $640M settlement in 2021 Colorado wildfire (XEL:NASDAQ)

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wildfire under electrical transmission line

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Xcel Energy (NASDAQ:XEL) +5.8% in Wednesday’s trading, hitting an all-time intraday high of $77.47, after saying it reached settlement agreements that resolve all litigation related to the 2021 Marshall Fire in Colorado, ahead of a trial that was