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PCYO News6 articles
PureCycle Stock Tumbles 16% on $395M Capital Raise, Dilution Concerns
PureCycle Technologies shares dropped 16% after a $395 million capital raise, including 17.66 million new shares and $250 million in convertible notes, sparking dilution concerns.
Everpure Beats Q1 Estimates but Shares Dip on Rising Memory Costs
Everpure reported Q1 revenue of $1.05B, up 35% YoY, beating estimates. However, shares fell 2.8% as rising memory costs from AI demand pressure margins.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
Everpure's Q1 Report: Analysts Optimistic Amid Rising Supply Costs
Everpure Inc. is set to report its first fiscal Q1 2027 results on May 27, with analysts forecasting a 19% upside, though rising input costs for semiconductors pose a challenge.
Everpure Director Sells $10M in Shares Ahead of Q1 Earnings
Everpure director John Colgrove sold 134,265 Class A shares for about $10.09 million ahead of the company's fiscal Q1 2027 earnings report.
Clorox Shares Tumble 9.6% on Lowered Profit Outlook as Energy Costs, Purell Deal Weigh
Clorox slashed its fiscal 2026 profit forecast, sending shares down 9.6%. Rising energy costs, ERP stabilization expenses, and the Purell acquisition are pressuring margins.