Streetbeat News

PEGY

Pineapple Energy Inc.

Industry

Solar

Pineapple Holdings, Inc. provides photovoltaic solar energy systems to residential homeowners in the United States. It offers a range of installation services, including design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring, and maintenance of residential solar energy systems. The company also offers battery storage products and energy management control devices on solar systems that are paired with batteries. In addition, it develops and manufactures energy management software and hardware. Pineapple Holdings, Inc. is based in Minnetonka, Minnesota.

Open

2.94

Mkt cap

4.3M

Volume

178K

High

3.25

P/E Ratio

-0.01

52-wk high

705.00

Low

2.94

Div yield

N/A

52-wk low

2.85

Intuitive Surgical shares rose 6.9% in pre-market trading due to better-than-expected Q3 results and regulatory clearance in South Korea. Netflix also gained 5.8% after strong Q3 results. Several other stocks experienced significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 10:52 am

Pineapple Energy shares experienced a trading halt due to a circuit breaker triggered by a sharp decline. Despite this, the stock rebounded and is now up by 20.9%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 2:48 pm

Pineapple Energy Inc. (NASDAQ:PEGY) has terminated the lease for its former headquarters in Minnetonka, Minnesota, resulting in expected savings of approximately $480,000. The lease was originally set to expire in 2027, and the termination will save the company $17,500 per month in rent. A one-time buyout fee will be paid over 14 months.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 1:32 pm

The trading halt status was updated at 8:55:00 AM ET, indicating a resumption of quotations. This update is crucial for investors tracking the affected stocks.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:55 pm

Trading for PEGY has been halted as of 7:50:00 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:50 pm

U.S. stocks fell with the Nasdaq down 150 points. Johnson & Johnson reported better-than-expected Q3 results, while Wolfspeed, MeiraGTx, and Ericsson saw stock gains. Seelos Therapeutics faced a significant drop due to delisting notice.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 6:14 pm

Pineapple Energy Inc. (NASDAQ:PEGY) shares fell after announcing a 1-for-50 reverse stock split to regain Nasdaq compliance. The split reduces outstanding shares from 133.3 million to 2.66 million, aiming to increase the stock price. Shares are trading below the 50-day moving average.

Portfolio Pulse from Erica Kollmann

October 15, 2024 | 4:42 pm

Goldman Sachs reported strong Q3 earnings, beating expectations with $12.70 billion in revenue and an EPS of $8.40. Wolfspeed shares surged 27% after announcing potential funding under the CHIPS Act. Seelos Therapeutics shares plummeted 52% following a delisting notice from Nasdaq.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 3:57 pm

The Dow Jones index fell by 200 points, while Bank of America reported better-than-expected Q3 earnings. Real estate shares rose, and energy shares fell. Several stocks experienced significant price movements, including Zapata Computing Holdings, Digital Brands Group, and Seelos Therapeutics.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 1:49 pm

Pineapple Energy's shares are declining following the announcement of a 1-for-50 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:59 pm

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