Pineapple Energy regains Nasdaq compliance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
0mins
Source: SeekingAlpha
Compliance with Nasdaq: Pineapple Energy has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share for continued listing.
Stock Performance and Actions: The company's shares are trading at $3.16, and it plans to execute a 1-for-50 reverse stock split following a partnership between its subsidiary SUNation and Radial Power.
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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.
