Shares of Pineapple Energy Inc. (PEGY), that provides photovoltaic solar energy systems to residential homeowners, are rallying more than 80% Wednesday morning at $2.64 despite no stock-specific news.
Over the past 1 month the stock has gained nearly 40%.
Recently, the company named Eric Ingvaldson as its new CFO, following retirement of previous finance chief.
PEGY has traded in the range of $0.76-$34.20 in the last 1 year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.