PENG is trading 12% higher at $60.54 in pre-market trading, extending a powerful multi-day rally following its recent upbeat earnings and guidance.

  • The move represents a sharp jump from the May 28 close of $54.07, building on significant gains accumulated over the past week.
  • With no fresh headlines this morning, the surge appears to be driven by follow-through buying and sustained positive sentiment after the company’s strong fundamental update.