PRIM

The past six months saw significant stock volatility, including a substantial 50.1% drop on May 6, 2026, due to additional cost overruns and delays in six fixed-price renewable energy projects, leading to a halved 2026 adjusted EPS outlook and the COO's departure in June 2026. Following these challenges, the stock showed recovery by late September and early October 2026, with business updates indicating progress on troubled solar projects (five of six mechanically complete, the last on track for Q4 completion), the appointment of a new President of Renewables, and a completed $150 million share buyback program. These updates led to a 9.6% stock price increase in the month leading up to October 8, 2026, and a 7.75% gain in the week prior, though the stock remained down approximately 47% over the last six months.