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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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.