Pineapple Energy pushing higher on Q3 Financial Report

(24/7 MARKET NEWS) – Pineapple Energy Inc. (NASDAQ: PEGY) reported, after yesterday’s market close, its third quarter financial results, with 31% increased revenue, 58% increased gross profit, and 40% increased pending installations, compared to previous quarter, as well as a 105% increase in kW sold year-over-year.

Pineapple is trading in this morning’s premarket at $2.82, 47 cents higher (+20.0%).

Its 52-week range is $0.7601 to $16.12, with its next inflection points at $3.00 and $3.49.

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