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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