India, Oct. 7 -- Shares of Penguin Solutions (PENG) gained over 13% on Wednesday morning after the company reported fourth-quarter results and raised its fiscal 2027 outlook, driven by accelerating demand for AI infrastructure and data center solutions.
The stock is currently trading at $72.65, up $8.44 or 13.16%, on the Nasdaq. It opened at $67.28 after closing the previous session at $64.21. The stock has traded between $16.04 and $89.86 over the past 52 weeks.
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