Why Is Penguin Solutions Stock Soaring Thursday?

Penguin Solutions Inc. (NASDAQ:PENG) shares rose on Thursday after the company raised its full-year net sales and EPS outlook, following stronger-than-expected second-quarter results. Financial Performance Net sales were $343 million, down 6% year over year but above...
Why Is Battalion Oil Stock Up 25% Thursday?

Why Is Battalion Oil Stock Up 25% Thursday?

Battalion Oil Corp (NYSE:BATL) shares are trading sharply higher Thursday morning as investors reacted to another escalation in the U.S.-Israel-Iran conflict, a backdrop that can lift crude prices and, by extension, sentiment around smaller oil producers. Battalion is...