Pioneer Power Drops, Eyes on June Pitch
Pioneer Power Solutions shares dropped Friday. The move came after the small power-systems firm scheduled a June investor presentation to discuss its PRYMUS platform and revisit mixed first-quarter numbers with shareholders. Shares finished at $5.42, off 1.3% for the day, as about 335,000 shares changed hands. The move put the Fort Lee, New Jersey company’s market cap near $60.1 million. The stock hit a low of $5.12 and a high of $5.77 through the session, according to Google Finance.