Penguin Solutions, Inc. PENG
Set alert
At close · Oct 30
After hours · Oct 30, 7:59 PM ET
- YTD
- +165.49%
- 1 year
- +131.42%
- Open
- 53.28
- Prev close
- 58.79
- Mkt cap
- 2.66B
- Vol
- 2.45M
- Avg vol
- 2.75M
- EPS
- 2.60
- P/E
- 19.97
- Div yield
- 0.00%
More statistics
- Low
- 50.28
- High
- 55.30
- Forward P/E
- 9.88
- Beta
- 2.86
- Short ratio
- 1.61
- Inst. own
- 99.86%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Jan 5, 2027
- 50-d avg
- 56.19
- 200-d avg
- 43.83
- 1y target
- 85.63
5D chart
Signals (135)
| Name | Time | Ago |
|---|---|---|
| RSI: Overbought | Oct 30, 3:50 PM | 2 days ago |
| SMA: Bullish | Oct 30, 3:05 PM | 2 days ago |
| SMA: Bullish | Oct 30, 3:05 PM | 2 days ago |
| SMA: Bearish | Oct 30, 3:00 PM | 2 days ago |
| SMA: Bullish | Oct 30, 2:55 PM | 2 days ago |
| SMA: Bearish | Oct 30, 1:50 PM | 2 days ago |
| SMA: Bullish | Oct 30, 1:35 PM | 2 days ago |
| RSI: Oversold | Oct 30, 1:10 PM | 2 days ago |
| RSI: Oversold | Oct 30, 12:45 PM | 2 days ago |
| SMA: Bearish | Oct 30, 12:40 PM | 2 days ago |
| SMA: Bullish | Oct 30, 12:35 PM | 2 days ago |
| RSI: Oversold | Oct 30, 12:20 PM | 2 days ago |
| RSI: Oversold | Oct 30, 12:00 PM | 2 days ago |
| RSI: Oversold | Oct 30, 11:35 AM | 2 days ago |
| SMA: Bearish | Oct 30, 11:00 AM | 2 days ago |
| SMA: Bullish | Oct 30, 10:55 AM | 2 days ago |
| MACD: Buy Signal | Oct 30, 10:50 AM | 2 days ago |
| RSI: Oversold | Oct 30, 10:10 AM | 2 days ago |
| RSI: Oversold | Oct 30, 10:00 AM | 2 days ago |
| SMA: Bearish | Oct 30, 9:30 AM | 2 days ago |
| SMA: Bearish | Oct 30, 9:30 AM | 2 days ago |
| MACD: Sell Signal | Oct 30, 9:30 AM | 2 days ago |
| RSI: Oversold | Oct 30, 9:30 AM | 2 days ago |
| SMA: Bullish | Oct 29, 3:45 PM | 3 days ago |
| SMA: Bullish | Oct 29, 3:45 PM | 3 days ago |
| SMA: Bearish | Oct 29, 3:40 PM | 3 days ago |
| SMA: Bearish | Oct 29, 3:35 PM | 3 days ago |
| SMA: Bullish | Oct 29, 3:30 PM | 3 days ago |
| SMA: Bearish | Oct 29, 3:05 PM | 3 days ago |
| SMA: Bullish | Oct 29, 3:00 PM | 3 days ago |
| SMA: Bearish | Oct 29, 2:55 PM | 3 days ago |
| MACD: Buy Signal | Oct 29, 2:55 PM | 3 days ago |
| SMA: Bullish | Oct 29, 2:50 PM | 3 days ago |
| RSI: Oversold | Oct 29, 2:25 PM | 3 days ago |
| SMA: Bearish | Oct 29, 1:00 PM | 3 days ago |
| SMA: Bearish | Oct 29, 1:00 PM | 3 days ago |
| SMA: Bullish | Oct 29, 12:50 PM | 3 days ago |
| SMA: Bullish | Oct 29, 12:50 PM | 3 days ago |
| SMA: Bearish | Oct 29, 12:45 PM | 3 days ago |
| SMA: Bullish | Oct 29, 12:40 PM | 3 days ago |
| SMA: Bearish | Oct 29, 12:30 PM | 3 days ago |
| SMA: Bullish | Oct 29, 12:25 PM | 3 days ago |
| SMA: Bearish | Oct 29, 12:20 PM | 3 days ago |
| SMA: Bullish | Oct 29, 12:10 PM | 3 days ago |
| MACD: Sell Signal | Oct 29, 12:10 PM | 3 days ago |
| SMA: Bearish | Oct 29, 12:05 PM | 3 days ago |
| SMA: Bearish | Oct 29, 12:05 PM | 3 days ago |
| SMA: Bullish | Oct 29, 11:10 AM | 3 days ago |
| SMA: Bullish | Oct 29, 11:05 AM | 3 days ago |
| MACD: Buy Signal | Oct 29, 11:05 AM | 3 days ago |
| MACD: Sell Signal | Oct 29, 10:40 AM | 3 days ago |
| SMA: Bearish | Oct 29, 10:35 AM | 3 days ago |
| MACD: Buy Signal | Oct 29, 10:30 AM | 3 days ago |
| SMA: Bullish | Oct 29, 10:15 AM | 3 days ago |
| SMA: Bearish | Oct 29, 9:30 AM | 3 days ago |
| SMA: Bearish | Oct 29, 9:30 AM | 3 days ago |
| MACD: Sell Signal | Oct 29, 9:30 AM | 3 days ago |
| SMA: Bullish | Oct 28, 3:35 PM | 4 days ago |
| SMA: Bearish | Oct 28, 3:20 PM | 4 days ago |
| RSI: Overbought | Oct 28, 2:40 PM | 4 days ago |
| RSI: Overbought | Oct 28, 2:30 PM | 4 days ago |
| MACD: Buy Signal | Oct 28, 2:25 PM | 4 days ago |
| SMA: Bullish | Oct 28, 2:15 PM | 4 days ago |
| SMA: Bullish | Oct 28, 2:15 PM | 4 days ago |
| SMA: Bearish | Oct 28, 1:45 PM | 4 days ago |
| MACD: Sell Signal | Oct 28, 1:25 PM | 4 days ago |
| SMA: Bearish | Oct 28, 1:15 PM | 4 days ago |
| SMA: Bullish | Oct 28, 12:50 PM | 4 days ago |
| SMA: Bearish | Oct 28, 12:45 PM | 4 days ago |
| SMA: Bullish | Oct 28, 12:00 PM | 4 days ago |
| SMA: Bullish | Oct 28, 11:55 AM | 4 days ago |
| SMA: Bearish | Oct 28, 11:45 AM | 4 days ago |
| SMA: Bearish | Oct 28, 11:25 AM | 4 days ago |
| MACD: Buy Signal | Oct 28, 11:10 AM | 4 days ago |
| SMA: Bullish | Oct 28, 11:00 AM | 4 days ago |
| SMA: Bearish | Oct 28, 10:05 AM | 4 days ago |
| SMA: Bearish | Oct 28, 10:05 AM | 4 days ago |
| MACD: Sell Signal | Oct 28, 10:05 AM | 4 days ago |
| SMA: Bullish | Oct 28, 9:50 AM | 4 days ago |
| SMA: Bullish | Oct 28, 9:50 AM | 4 days ago |
| SMA: Bearish | Oct 28, 9:45 AM | 4 days ago |
| SMA: Bearish | Oct 28, 9:45 AM | 4 days ago |
| SMA: Bullish | Oct 28, 9:30 AM | 4 days ago |
| SMA: Bullish | Oct 28, 9:30 AM | 4 days ago |
| MACD: Buy Signal | Oct 28, 9:30 AM | 4 days ago |
| RSI: Overbought | Oct 28, 9:30 AM | 4 days ago |
| SMA: Bearish | Oct 27, 3:45 PM | 5 days ago |
| SMA: Bearish | Oct 27, 3:45 PM | 5 days ago |
| SMA: Bullish | Oct 27, 3:40 PM | 5 days ago |
| SMA: Bullish | Oct 27, 3:40 PM | 5 days ago |
| SMA: Bearish | Oct 27, 3:20 PM | 5 days ago |
| SMA: Bearish | Oct 27, 3:15 PM | 5 days ago |
| SMA: Bullish | Oct 27, 3:05 PM | 5 days ago |
| SMA: Bearish | Oct 27, 2:45 PM | 5 days ago |
| SMA: Bullish | Oct 27, 2:25 PM | 5 days ago |
| SMA: Bearish | Oct 27, 2:15 PM | 5 days ago |
| SMA: Bullish | Oct 27, 1:55 PM | 5 days ago |
| SMA: Bearish | Oct 27, 1:50 PM | 5 days ago |
| MACD: Sell Signal | Oct 27, 1:50 PM | 5 days ago |
| MACD: Buy Signal | Oct 27, 1:35 PM | 5 days ago |
| SMA: Bullish | Oct 27, 12:55 PM | 5 days ago |
| SMA: Bearish | Oct 27, 12:15 PM | 5 days ago |
| MACD: Sell Signal | Oct 27, 12:10 PM | 5 days ago |
| MACD: Buy Signal | Oct 27, 11:55 AM | 5 days ago |
| MACD: Sell Signal | Oct 27, 11:50 AM | 5 days ago |
| MACD: Buy Signal | Oct 27, 11:45 AM | 5 days ago |
| RSI: Overbought | Oct 27, 11:40 AM | 5 days ago |
| MACD: Sell Signal | Oct 27, 11:25 AM | 5 days ago |
| RSI: Overbought | Oct 27, 10:55 AM | 5 days ago |
| RSI: Overbought | Oct 27, 10:25 AM | 5 days ago |
| SMA: Bullish | Oct 27, 10:10 AM | 5 days ago |
| SMA: Bearish | Oct 27, 10:05 AM | 5 days ago |
| RSI: Overbought | Oct 27, 9:35 AM | 5 days ago |
| SMA: Bullish | Oct 27, 9:30 AM | 5 days ago |
| SMA: Bullish | Oct 27, 9:30 AM | 5 days ago |
| MACD: Buy Signal | Oct 27, 9:30 AM | 5 days ago |
| SMA: Bearish | Oct 26, 3:50 PM | 6 days ago |
| SMA: Bearish | Oct 26, 3:45 PM | 6 days ago |
| SMA: Bullish | Oct 26, 3:05 PM | 6 days ago |
| SMA: Bearish | Oct 26, 2:45 PM | 6 days ago |
| SMA: Bullish | Oct 26, 2:35 PM | 6 days ago |
| SMA: Bearish | Oct 26, 2:30 PM | 6 days ago |
| SMA: Bullish | Oct 26, 2:25 PM | 6 days ago |
| SMA: Bearish | Oct 26, 2:15 PM | 6 days ago |
| MACD: Sell Signal | Oct 26, 2:00 PM | 6 days ago |
| MACD: Buy Signal | Oct 26, 1:55 PM | 6 days ago |
| SMA: Bullish | Oct 26, 1:50 PM | 6 days ago |
| SMA: Bearish | Oct 26, 1:45 PM | 6 days ago |
| MACD: Sell Signal | Oct 26, 1:25 PM | 6 days ago |
| MACD: Buy Signal | Oct 26, 1:20 PM | 6 days ago |
| SMA: Bullish | Oct 26, 12:50 PM | 6 days ago |
| SMA: Bullish | Oct 26, 12:50 PM | 6 days ago |
| SMA: Bearish | Oct 26, 12:40 PM | 6 days ago |
| SMA: Bearish | Oct 26, 11:40 AM | 6 days ago |
| RSI: Overbought | Oct 26, 11:20 AM | 6 days ago |
News
2 days ago fool.com
3 Growth Stocks That Can Outperform Micron in 2027
Penguin Solutions' CXL memory products solve a critical problem and may become necessary for most AI racks. Sandisk's memory products are growing at a faster rate than Micron's.
4 days ago benzinga.com
Jim Cramer: This Tech Stock ‘Sells At A Low Multiple’
Jim Cramer favors Penguin Solutions for its low valuation after strong earnings and says investors should let Revolution Medicines run.
1 week ago seekingalpha.com
Undercovered Dozen: Western Digital, Penguin Solutions, Millrose Properties And More
The Undercovered Dozen spotlights 12 lesser-followed stocks featured on Seeking Alpha from Oct. 10 to Oct. 16. This curated series aims to surface overlooked investment ideas and foster discussion…
1 week ago gurufocus.com
Is Penguin Solutions Inc (PENG) Overvalued After 3.7% Rally? GF Value Says Overvalued
On October 21, 2026, Penguin Solutions Inc (PENG) shares rose 3.7% to $58.38. The stock has experienced significant price fluctuations, with a 52-week range bet
2 weeks ago fool.com
Missed Out On Micron and Sandisk? Make Sure You Don't Miss Out On This Memory Stock.
Penguin Solutions' memory segment more than doubled year over year, and six new customers suggest that the growth can continue. The company's CXL products address the memory wall, AI's next big…
2 weeks ago zacks.com
Wall Street Analysts Predict a 26.69% Upside in Penguin Solutions, Inc. (PENG): Here's What You Should Know
The consensus price target hints at a 26.7% upside potential for Penguin Solutions, Inc. (PENG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in…
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2 weeks ago benzinga.com
Axe Compute Collaborates With Penguin Solutions To Integrate Its Services Into Axe's Partner Network
Axe Compute Inc. (NASDAQ: AGPU), the neocloud that designs, deploys, owns, and operates dedicated, bare-metal AI infrastructure for enterprises worldwide, today announced a strategic partnership with…
2 weeks ago benzinga.com
Jim Cramer Skips IREN: ‘The Only One That I Trust' Is a Different Neocloud
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended holding on to Element Solutions Inc (NYSE:ESI).
2 weeks ago benzinga.com
Jim Cramer Skips IREN: ‘The Only One That I Trust’ Is a Different Neocloud
Cramer advised holding ESI, buying MTZ and PENG, favoring WM over WCN and CRWV over IREN, rejecting STWD and remaining skeptical of SAIL.
2 weeks ago seekingalpha.com
Penguin Solutions: A Sell On Memory Cycle Peak And Cash Flow Uncertainty
Penguin Solutions beat Q4 expectations, but cash flows were weak, and the memory cycle may be topping. PENG's core advanced computing and LED divisions declined in FY'26, while memory sales—highly…
2 weeks ago 247wallst.com
The Memory Bottleneck Made Investors Rich For 3 Years, Now CXL Looks like The Next Play
DRAM prices have surged nearly fivefold in some markets, and Micron's CEO expects conditions to get even tighter through 2028.
2 weeks ago gurufocus.com
Penguin Solutions Inc (PENG) Shares Surge 3.8% -- What GF Score of 73 Tells Investors
On October 12, 2026, Penguin Solutions Inc (PENG) shares rose 3.8% to a current price of $79.16. This increase comes amid a remarkable price performance with th
2 weeks ago businesswire.com
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the grant of inducement equity awards to SVP & CFO, Stephen Cumming, with his employment with the Company on Oct 6, 2026.
2 weeks ago zacks.com
Surging Earnings Estimates Signal Upside for Penguin Solutions, Inc. (PENG) Stock
Penguin Solutions, Inc. (PENG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
2 weeks ago seekingalpha.com
Penguin Solutions: Explosive AI Growth At A Surprisingly Low Valuation
Penguin Solutions is rated Buy, driven by strong AI data center and memory segment growth, with a forward P/E of 15.9x for FY2027. FY2026 revenue rose 68% to $567M in Q4 and 26% for the year, but…
3 weeks ago seekingalpha.com
Penguin Solutions: Why I'm Bullish After A Blowout Q4
Penguin Solutions is rated a buy, driven by robust FY2026 results, upgraded FY2027 guidance, and accelerating AI infrastructure demand. PENG's Integrated Memory revenue nearly doubled, while its AI…
3 weeks ago benzinga.com
Benzinga Bulls and Bears: Nvidia, Lumentum, Planet Labs
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
3 weeks ago proactiveinvestors.com
Penguin Solutions initiated with a Buy from Bank of America on AI memory demand
Bank of America (BofA) has initiated coverage of Penguin Solutions (NASDAQ: PENG), a memory and AI infrastructure supplier, with a 'Buy' rating and a $100 price objective. The target equals 18 times…
3 weeks ago marketbeat.com
Penguin Solutions Is Soaring as AI Memory Demand Explodes
Penguin Solutions is a specialized, rack-scale original equipment provider (OEM) and AI factory architect solving the memory bottleneck. While it leans heavily on existing technologies, such as…
3 weeks ago benzinga.com
12 Information Technology Stocks Moving In Wednesday's Intraday Session
Gainers Amplitech Group, Inc. - Series B Right (NASDAQ:AMPGZ) shares increased by 44.0% to $0.18 during Wednesday's regular session. Z Squared (NASDAQ:ZSQR) shares rose 22.01% to $5.32. The company's…
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3 weeks ago benzinga.com
Rosenblatt Maintains Buy on Penguin Solutions, Raises Price Target to $100
Rosenblatt analyst Sajal Dogra maintains Penguin Solutions (NASDAQ:PENG) with a Buy and raises the price target from $80 to $100.
3 weeks ago benzinga.com
These Penguin Solutions Analysts Raise Estimates After Q4 Print, FY27 Outlook Exceed Expectations
Penguin Solutions shares rose after strong Q4 results; analysts raised targets, citing AI growth, CXL momentum and FY27 guidance.
3 weeks ago benzinga.com
Nasdaq Falls Over 100 Points; US Crude Inventories Decline
U.S. stocks fell Wednesday, led by industrials. Crude inventories dropped unexpectedly, while Penguin Solutions and Lipocine surged; Caribou Biosciences
3 weeks ago proactiveinvestors.com
Penguin Solutions shares rise over 15% after strong earnings and higher 2027 outlook
Penguin Solutions (NASDAQ:PENG) shares were up over 15% at $73.88 on Wednesday morning after the artificial intelligence (AI) infrastructure company reported record fourth-quarter results and raised…
3 weeks ago gurufocus.com
Penguin Solutions (PENG) Reports Strong Q4 Results and Raises FY27 Outlook
Penguin Solutions (PENG) has seen a significant increase in its stock price following a robust Q4 report for August, which exceeded expectations. The company re
-
3 weeks ago benzinga.com
Barclays Maintains Underweight on Penguin Solutions, Raises Price Target to $60
Barclays analyst Tom O'Malley maintains Penguin Solutions (NASDAQ:PENG) with a Underweight and raises the price target from $40 to $60.
3 weeks ago zacks.com
PENG Q4 Earnings Call Signals Faster AI Infrastructure Growth
Penguin Solutions raises fiscal 2027 outlook as stronger AI infrastructure bookings, neocloud demand and memory backlog support its next growth phase.
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3 weeks ago benzinga.com
Penguin Solutions Says Agentic AI Is Creating New Memory Boom
Penguin Solutions (PENG) stock jumped over 17% after Q4 earnings and revenue beat estimates on strong AI demand.
3 weeks ago benzinga.com
Penguin's Mystery 36,000-GPU Norway Deal Appears to Be Volta's $10B Anthropic AI Project
Penguin’s mystery 36,000-GPU Norway project closely matches Volta’s $10 billion Anthropic AI buildout.
3 weeks ago benzinga.com
BKV, Lamb Weston, Penguin Solutions And Other Big Stocks Moving Higher On Wednesday
U.S. stocks fell, while BKV surged 9.2% on an equipment contract announcement; Penguin Solutions led gainers with a 16.3% jump on strong results.
3 weeks ago benzinga.com
These Analysts Increase Their Forecasts On Penguin Solutions Following Upbeat Q4 Results
Penguin Solutions Inc (NASDAQ:PENG) on Tuesday reported upbeat financial results for the fourth quarter.
3 weeks ago benzinga.com
These Analysts Increase Their Forecasts On Penguin Solutions Following Upbeat Q4 Results
Penguin Solutions beats Q4 estimates, reports 68% revenue growth, guides above FY27 forecasts, appoints CFO; shares rise 4.4%.
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3 weeks ago benzinga.com
Stifel Maintains Buy on Penguin Solutions, Raises Price Target to $85
Stifel analyst Brian Chin maintains Penguin Solutions (NASDAQ:PENG) with a Buy and raises the price target from $75 to $85.
3 weeks ago schaeffersresearch.com
Rising Oil, Treasury Yields Pressure Stock Futures
Stock futures are lower as oil prices and Treasury yields rise, while investors await minutes from the Federal Reserve's September meeting
3 weeks ago benzinga.com
Stock Market Today: S&P 500, Dow, Nasdaq Futures Fall as 30-Year Treasury Yield Hits 2002 High; Iran Mocks US Economy — STZ, PENG, LEVI in Focus (UPDATED)
U.S. stock futures were lower on Wednesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Tuesday's higher close.
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3 weeks ago benzinga.com
Needham Maintains Buy on Penguin Solutions, Raises Price Target to $85
Needham analyst Matthew Calitri maintains Penguin Solutions (NASDAQ:PENG) with a Buy and raises the price target from $80 to $85.
3 weeks ago benzinga.com
Why Penguin Solutions Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
Penguin Solutions jumped 7.7% after beating Q4 revenue/EPS estimates and issuing above-consensus FY27 EPS guidance.
3 weeks ago benzinga.com
Penguin Solutions Reports Q4 2026 Results: Full Earnings Call Transcript
Penguin Solutions (NASDAQ:PENG) reported fourth-quarter financial results on Tuesday. The transcript from the company's fourth-quarter earnings call has been provided below. Benzinga APIs provide…
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3 weeks ago benzinga.com
12 Information Technology Stocks Moving In Tuesday's After-Market Session
Gainers Locafy (NASDAQ:LCFY) stock rose 19.0% to $2.44 during Tuesday's after-market session. The market value of their outstanding shares is at $2.9 million. Vtex (NYSE:VTEX) shares moved upwards by…
3 weeks ago benzinga.com
Penguin Solutions Stock Pops on Q4 Earnings Beat, Strong Guidance
Penguin Solutions Inc (NASDAQ:PENG) reports financial results for the fourth quarter of fiscal 2026 after the closing bell on Tuesday.
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3 weeks ago benzinga.com
CORRECTION: Penguin Solutions Sees FY2027 Adj EPS $3.75-$5.15 vs $3.25 Est; Sees Sales $2.250B-$2.596B vs $2.201B Est
Penguin Solutions (NASDAQ:PENG) is looking for FY2027 Adj EPS of $3.75-$5.15 vs $3.25 analyst estimate. sees sales of $2.250 billion-$2.596 billion vs $2.201 billion analyst estimate.
3 weeks ago benzinga.com
Earnings Scheduled For October 6, 2026
Companies Reporting Before The Bell • RPM International (NYSE:RPM) is estimated to report quarterly earnings at $1.95 per share on revenue of $2.22 billion. • Apogee Enterprises (NASDAQ:APOG) is…
1 month ago benzinga.com
Applied Digital, Bitdeer Technologies, ON Semiconductor And Other Big Stocks Moving Higher On Friday
U.S. stocks rose Friday; Applied Digital jumped 9.8% after adding 75 MW of AI capacity, while numerous tech stocks posted gains.
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2 months ago benzinga.com
Penguin Solutions' Cree LED Subsidiary Settles Patent Infringement Dispute With Nanolumens; Terms Undisclosed
Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Nanolumens today announced that they have entered into a mutually beneficial patent cross-license agreement that resolves a patent…
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3 months ago benzinga.com
Barclays Downgrades Penguin Solutions to Underweight, Maintains Price Target to $40
Barclays analyst Tom O'Malley downgrades Penguin Solutions (NASDAQ:PENG) from Equal-Weight to Underweight and maintains the price target from $40 to $40.
3 months ago benzinga.com
Why Is Penguin Solutions Stock Falling Monday?
PENG stock drops 10% after Penguin Solutions closes a $750M convertible notes offering to fund its AI infrastructure growth.
3 months ago benzinga.com
Benzinga Bulls and Bears: PayPal, UnitedHealth, Netflix — And Stocks End Wild Week
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
3 months ago benzinga.com
Ericsson, Q32 Bio And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session
U.S. stock futures mixed, Nasdaq 100 up 100 pts. Telefonaktiebolaget LM Ericsson falls 9.2% in pre-market. Other stocks moving lower in pre-market.
3 months ago benzinga.com
Penguin Solutions Stock Tumbles On Proposed Private Offering
Penguin Solutions stock is moving lower in extended trading Monday after the company announced a proposed convertible notes offering.
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3 months ago benzinga.com
Penguin Solutions Intends To Offer $650.0M In Aggregate Principal Amount Of Convertible Senior Notes Due 2031; Initial Purchasers May Buy Up To $100M In Additional Notes
Penguin Solutions, Inc. ("Penguin," "we" or the "Company") (NASDAQ:PENG) today announced it intends to offer $650.0 million in aggregate principal amount of convertible senior notes due 2031 (the