Shares of Pioneer Power Solutions, Inc. (PPSI), a specialty electrical transmission and distribution equipment maker, are up more than 30% in the morning trade on Tuesday at $10.04.
There have been no company-specific news to move the stock up.
Pioneer Power Solutions stock gained more than 60% in the past 5 days.
Recently, the company had reported 40% revenue growth in its third quarter at $5.7 million.
The stock had recorded its 52-wek high at $12.44.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.