Reported about 13 hours ago
PureCycle Technologies, Inc. (NASDAQ:PCT) experienced an 18.96% jump in stock price to $14.12 after successfully raising $300 million through convertible preferred stock. The funds will support the company's goal of adding one billion pounds of recycling capacity before 2030 across multiple regions, reflecting its commitment to environmental sustainability. PureCycle's CEO expressed gratitude towards the investors for their support in advancing the company’s growth plans.
Source: YAHOO