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Quest Resource, Array, Gibraltar, FTAI, Sunrun Shares Surge After Greenland Trade Relief - QRS, ARRY, GBR, FTAI, RUN

Shares of Quest Resource (QRS), Array (ARRY), Gibraltar (GBR), FTAI Infrastructure (FTAI), and Sunrun (RUN) rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a revised framework for trade relations with Greenland, reversing earlier plans to impose tariffs. The S&P 500 gained 1.2%, driven by reduced concerns over global trade tensions, sparking a broad market rally. Quest Resource’s stock jumped 13.4% year-to-date but remains 62.3% below its 52-week high of $5.96 set in January 2025. The company reported weak fourth-quarter results last year, with adjusted EBITDA declining more than 50% due to higher costs, client attrition, and soft industrial demand. It responded with a 15% workforce reduction and $3 million annual operating cost cut, naming Perry Moss as CEO. Despite volatility—60 moves exceeding 5% in the past year—QRS trades at $2.25 per share. An investment of $1,000 five years ago would now be worth $787.72.

EditorThomas Ho