Pineapple Energy Regains Compliance With Nasdaq Minimum Bid Price Requirements
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
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Source: Newsfilter
Pineapple Energy Regains Compliance: Pineapple Energy Inc. has regained compliance with Nasdaq's minimum share price requirement, as its stock closed above $1.00 for 10 consecutive trading days, leading to the cancellation of a scheduled hearing regarding its listing status.
Commitment to Long-term Success: Interim CEO Scott Maskin expressed gratitude for the support from shareholders and emphasized the company's focus on sustainable growth in solar energy and battery storage services.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
