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NASDAQ: PENG
Penguin Solutions (PENG) stock, explained like you're 5
Penguin Solutions trades on the Nasdaq under the ticker PENG. It is a mid cap company in the semiconductors industry, part of the technology sector, with a market value of about 3.9 billion dollars.
- Ticker
- PENG
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Semiconductors
- Size
- Mid cap, about 3.9 billion dollars
Is Penguin Solutions a small, medium or large cap company?
No. Penguin Solutions is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.9 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Penguin Solutions makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves PENG stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Penguin Solutions, Inc. (PENG) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- Penguin Solutions (NASDAQ:PENG) Stock Price Down 7.7% Here's What Happened (MarketBeat)
- Missed Out On Micron and Sandisk? Make Sure You Don't Miss Out On This Memory Stock. (The Motley Fool)
- Penguin Solutions: A Sell On Memory Cycle Peak And Cash Flow Uncertainty (NASDAQ:PENG) (Seeking Alpha)
- Vishay Intertechnology, FormFactor, Teradyne, Penguin Solutions, and Applied Materials Stocks Trade Down, What You Need To Know (The Globe and Mail)
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Questions about Penguin Solutions stock
What does Penguin Solutions do?
Penguin Solutions trades on the Nasdaq under the ticker PENG. It is a mid cap company in the semiconductors industry, part of the technology sector, with a market value of about 3.9 billion dollars.
What is the ticker symbol for Penguin Solutions?
Penguin Solutions trades under the ticker PENG on the Nasdaq.
What is Penguin Solutions's market cap?
Penguin Solutions is a mid cap stock with a market cap of about 3.9 billion dollars.
How does Penguin Solutions make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves PENG stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow PENG stock every day?
Add PENG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.