Peck Co. Holdings, Inc. (PECK) shares are down 14 percent on Friday morning trade continuing a bearish trend since the company announced a term sheet to acquire iSun Energy LLC, a clean energy product provider. Friday, the company said it has entered into securities purchase agreements with institutional investors for the purchase and sale of 840,000 shares.
Currently, shares are at $14.40, down 11.08 percent. The shares have traded in a range of $1.49 to $16.20 on average volume of 1,014,850.
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