Penguin Solutions Stock Jumps 13% as AI Memory Crunch Puts PENG on Traders’ Radar
Penguin Solutions Inc. jumped 13.47% to end Friday at $44.23, marking another volatile session for the Nasdaq-listed AI infrastructure and memory name as traders adjusted for a more robust fiscal 2026 forecast. With U.S. markets shut by the Sunday dateline, that Friday settle remains the most recent regular-session figure.