Prairie Operating Trades Under 90 Cents as New Test Approaches This Week
Prairie Operating Co. ended Friday at $0.8927, down 2.46%, under the 90-cent mark. Shares ticked up to 90 cents after hours. The Nasdaq was shut Monday for Memorial Day. That left PROP investors with just four sessions this week as the exchange doesn’t open on Saturdays. Prairie is still pitching its DJ Basin growth pitch while investors look at its tangled capital structure. The shares ended under their May 22 close of about 95 cents, with weakness showing up in broader energy and small caps too. The Energy Select Sector SPDR ETF dropped 1.1% Friday, and the iShares Russell 2000 ETF shed 0.5%.