🟢 Penguin Solutions, Inc. is trading 5% up today after reaffirming strong 2026 guidance

Penguin Solutions, Inc. is trading at approximately $61.44 (5% up) after the company provided a positive business update.

• The company confirmed its fiscal 2026 guidance remains intact, with revenue and earnings trending toward the high end of expectations.
• Management cited strong demand for agentic AI workloads across enterprise customers as a key driver for the positive outlook.
• The company also announced the upcoming departure of CFO Nate Olmstead on July 8.