Pioneer Power Solutions, Inc. (PPSI) jumped 43.21 percent to $4.46 on Friday, up $1.35, after the previous day's report on its second-quarter revenue of $8.4 million, a 147 percent increase from $3.4 million in the prior-year period. The company posted a net loss of $1.3 million, including a $100,000 loss from discontinued operations, narrowing from a $2.3 million loss in the same quarter last year.
Shares opened at $4.84 and traded between $4.10 and $5.70, with 89.63 million shares changing hands versus an average of 64,661 on the Nasdaq.
Pioneer Power's 52-week range is $2.25 to $7.00.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.