Penguin Solutions is trading 4.66% up at $50.88 after August CPI matched forecasts, easing immediate concerns about further inflation surprises and supporting a broad risk-on move.
- On September 11, 2026, the Nasdaq rose 0.92% and SPY gained 0.81%.
- No clear company-specific catalyst was identified.
- A September 10 Goldman Sachs conference highlighted AI growth but did not directly explain today’s move.