PureCycle Technologies(PCT)
Search documents
Looking For A Short Squeeze? 10 Stocks Ready To Rocket
Benzinga· 2026-01-16 15:41
Core Viewpoint - The article discusses the phenomenon of heavily shorted stocks, highlighting the reasons traders engage in short selling and the potential for short squeezes to create significant price movements in the market [2][3][4]. Group 1: Reasons for Heavy Shorting - Stocks become heavily shorted when experienced traders and institutional investors believe the company is fundamentally overvalued, anticipating a decline in its price [2]. - High short interest indicates a strong conviction among professional traders that the company faces serious risks [2]. Group 2: Short Squeeze Dynamics - Bullish traders, often retail investors, see high short interest as an opportunity for rapid gains through a short squeeze, which occurs when rising stock prices force short sellers to buy back shares, creating a feedback loop that drives prices even higher [3][4]. - The volatility associated with short squeezes can lead to returns that significantly exceed typical stock movements in a short time frame [4]. Group 3: Most Shorted Stocks - As of January 16, 2026, the top 10 most shorted stocks include: - Choice Hotels International, Inc. (CHH) with a short interest of 56.33% - Lucid Group, Inc. (LCID) at 54.45% - Avis Budget Group, Inc. (CAR) at 52.38% - Other notable companies include PureCycle Technologies, Inc. (PCT), Under Armour, Inc. (UAA), and Revolve Group, Inc. (RVLV) with short interests ranging from 39.22% to 41.89% [5][6][7].
PureFive® Resin to Make Championship Debut at College Football Playoff Title Game
Globenewswire· 2026-01-14 13:30
Core Insights - The collaboration between PureCycle Technologies, Churchill Container, and 4ocean aims to promote sustainability at the College Football Playoff National Championship by selling Run It Back™ cups made from recycled plastic [1][3][6] - For every 20 cups sold, one pound of trash will be removed from the ocean, highlighting the initiative's direct impact on ocean conservation [1][4] Company Initiatives - PureCycle Technologies utilizes a patented dissolution recycling technology to convert polypropylene plastic waste into PureFive resin, which is food-safe and recyclable [7] - Churchill Container has over 45 years of experience in producing reusable and recyclable drinkware, emphasizing its commitment to sustainability and innovation in product design [8] - 4ocean operates cleanup crews globally, recovering millions of pounds of plastic and debris from oceans, rivers, and coastlines each year, while advocating for sustainable practices [9] Environmental Impact - The Run It Back™ cups provide a durable, reusable alternative to single-use cups, significantly reducing waste at major sporting events [2][5] - The College Football Playoff's Playoff Green initiative aims to remove 5,000 pounds of plastic and debris from various water bodies, further enhancing its sustainability efforts [3]
Here is Why Analysts are Looking at PureCycle Technologies (PCT)
Yahoo Finance· 2025-12-25 12:35
PureCycle Technologies (NASDAQ:PCT) is one of the most promising small-cap industrial stocks under $50. On December 19, Craig-Hallum analyst Eric Stine gave a Hold rating to PureCycle Technologies (NASDAQ:PCT). Despite Stine’s neutral stance on the company, the overall consensus as of December 22 remains positive. As per analyst estimates, the stock has a target price of $16, which gives around 73.5% upside potential from the current level. PureCycle Technologies (NASDAQ:PCT) is covered by 7 analysts, 4 o ...
Valerie Mars Appointed to PureCycle's Board of Directors
Globenewswire· 2025-12-18 13:00
Core Insights - PureCycle Technologies, Inc. has appointed Valerie Mars to its Board of Directors, effective January 1, 2026, bringing extensive experience in corporate development and sustainability [1][2][3] Group 1: Appointment Details - Valerie Mars is a fourth-generation member of the Mars family and has over 30 years of experience at Mars, Incorporated, where she served as Senior Vice President and Head of Corporate Development [2] - Mars holds a bachelor's degree from Yale University and a master's degree from Columbia Business School [2] Group 2: Strategic Alignment - PureCycle's CEO, Dustin Olson, highlighted Mars' advocacy for sustainable business practices and her role in initiatives like Mars' 'Sustainable in a Generation' plan, which aims to reduce the use of virgin plastics and carbon footprint [3] - Mars expressed her commitment to sustainability and her enthusiasm for contributing to PureCycle's mission, particularly after witnessing the company's innovative recycling technology in action [3] Group 3: Company Overview - PureCycle Technologies holds a global license for a patented dissolution recycling technology developed by Procter & Gamble, designed to transform polypropylene plastic waste into a renewable resource [4] - The purification process used by PureCycle removes impurities from 5 plastic waste, resulting in PureFive™ resin that can be recycled and reused multiple times, thereby changing the relationship with plastic [4]
PureFive™ Resin Used in Caps for Leading Spray Paint Brand
Globenewswire· 2025-12-11 13:30
Core Insights - PureCycle Technologies, Inc. has initiated sales of its PureFive™ resin for caps used in spray paint cans, marking a significant step in its partnership with a leading global paint and coatings company [1][2] - The caps and closures market presents a substantial opportunity for PureCycle, with over 300 million polypropylene pieces produced annually in North America [2] - The company expects to continue supplying PureFive™ resin to this customer throughout 2026, indicating a long-term business relationship [2] Company Overview - PureCycle Technologies holds a global license for a patented dissolution recycling technology developed by Procter & Gamble, aimed at transforming polypropylene plastic waste into a renewable resource [3] - The purification process of this technology results in PureFive™ resin, which can be recycled and reused multiple times, enhancing sustainability in plastic usage [3] Market Potential - The partnership with a top paint and coatings manufacturer demonstrates that sustainability goals can be met without compromising product performance when using PureFive™ resin [2] - The company is positioned to capitalize on the growing demand for sustainable materials in the caps and closures market, which is primarily dominated by polypropylene [2]
Booking, Carvana upgraded: Wall Street's top analyst calls
Yahoo Finance· 2025-11-24 14:41
Core Insights - The article compiles significant research calls from Wall Street, highlighting upgrades and downgrades of various companies that investors should be aware of [1] Upgrades - Wells Fargo upgraded Merck (MRK) to Overweight from Equal Weight with a price target of $125, increased from $90, citing business development and pipeline progress as key factors for revenue growth in the early 2030s [2] - Wolfe Research upgraded Morgan Stanley (MS) to Outperform from Peer Perform with a price target of $198, anticipating accelerated revenue growth from investment banking share gains and organic growth in wealth management [3] - HSBC upgraded Flutter Entertainment (FLUT) to Buy from Hold with a price target of $228, reduced from $265, viewing the recent share selloff as a buying opportunity [3] - BofA upgraded Booking Holdings (BKNG) to Buy from Neutral with an unchanged price target of $6,000, believing that concerns regarding disintermediation risks from Google and OpenAI are overstated [4] - Wedbush upgraded Carvana (CVNA) to Outperform from Neutral with a price target of $400, increased from $380, suggesting that the recent share pullback is overdone [5] Downgrades - UBS downgraded JFrog (FROG) to Neutral from Buy with a price target of $65, up from $48, indicating that while AI-related benefits are significant, the larger revenue impact is likely 12-18 months away [6] - Jefferies downgraded Exact Sciences (EXAS) to Hold from Buy with a price target of $105, up from $90, due to the pending acquisition by Abbott, which is seen as a win for Exact Sciences [6] - Evercore ISI downgraded QuantumScape (QS) to In Line from Outperform with a price target of $12, up from $8, citing valuation concerns as shares have risen 200% year-to-date [6] - UBS downgraded Jazz Pharmaceuticals (JAZZ) to Neutral from Buy with a price target of $188, up from $163, stating that the stock appears fairly valued after a strong Phase 3 GEA update and a 25% stock increase [6] - TD Cowen downgraded PureCycle Technologies (PCT) to Hold from Buy with a price target of $9, down from $16, due to delays in orders and growth plans, prompting a more cautious stance [6]
PureCycle, Churchill Container Win U.S. Plastics Pact Sustainable Packaging Innovation Award for PCR Content
Globenewswire· 2025-11-14 14:00
Core Insights - PureCycle Technologies and Churchill Container received the 2025 U.S. Plastics Pact Sustainable Packaging Innovation Award for their Run It Back™ product line, which utilizes PureCycle's PureFive™ resin made from postconsumer recycled content [1][3] Company Overview - PureCycle Technologies specializes in a patented dissolution recycling technology that transforms polypropylene plastic waste into a continuously renewable resource, resulting in PureFive™ resin [6] Product Details - The Run It Back™ line includes cups and containers made from up to 100% recycled content, with the Cleveland Browns being the first sports team to utilize these products in their stadium for the 2025 season [2][4] Industry Trends - There is a growing consumer demand for sustainably made products, as highlighted by U.S. Plastics Pact President Jonathan Quinn, indicating a positive trend towards sustainability in various sectors, including sports [4] Collaboration and Future Outlook - The collaboration between PureCycle and Churchill Container is seen as a significant step towards providing circular solutions for food-contact applications, with expectations for continued interest in sustainable products from organizations [3][4]
Morning Market Movers: MSGM, DTCK, ELDN, TMCI See Big Swings
RTTNews· 2025-11-07 12:26
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Motorsport Games Inc. (MSGM) has seen a substantial increase of 122%, trading at $4.88 [3] - Globus Medical, Inc. (GMED) is up 27%, currently priced at $78.75 [3] - JFrog Ltd. (FROG) has risen by 26%, trading at $59.60 [3] - FIGS, Inc. (FIGS) is up 19%, with a trading price of $8.97 [3] - Organogenesis Holdings Inc. (ORGO) has increased by 18%, trading at $4.59 [3] - PureCycle Technologies, Inc. (PCT) is up 17%, currently priced at $11.31 [3] - Expedia Group, Inc. (EXPE) has risen by 16%, trading at $255.10 [3] - 10x Genomics, Inc. (TXG) is up 13%, currently priced at $14.72 [3] - Abacus Global Management, Inc. (ABL) has increased by 12%, trading at $5.95 [3] - GigaCloud Technology Inc. (GCT) is up 9%, currently priced at $27.80 [3] Premarket Losers - Davis Commodities Limited (DTCK) has experienced a significant decline of 65%, trading at $2.23 [4] - Eledon Pharmaceuticals, Inc. (ELDN) is down 46%, currently priced at $2.19 [4] - Treace Medical Concepts, Inc. (TMCI) has decreased by 35%, trading at $4.00 [4] - Energys Group Limited (ENGS) is down 30%, currently priced at $2.77 [4] - Intellia Therapeutics, Inc. (NTLA) has seen a decline of 27%, trading at $8.89 [4] - Fox Factory Holding Corp. (FOXF) is down 24%, currently priced at $16.60 [4] - Opendoor Technologies Inc. (OPEN) has decreased by 24%, trading at $4.94 [4] - AirSculpt Technologies, Inc. (AIRS) is down 21%, currently priced at $8.27 [4] - Power Solutions International, Inc. (PSIX) has seen a decline of 20%, trading at $64.25 [4] - ClearPoint Neuro, Inc. (CLPT) is down 17%, currently priced at $15.00 [4]
ITV in talks to sell media and entertainment arm to Sky for £1.6B
Invezz· 2025-11-07 08:35
Core Viewpoint - ITV is in advanced discussions with Sky regarding a potential sale of its media and entertainment division for £1.6 billion ($2.15 billion) [1] Group 1: Company Developments - ITV is exploring a significant divestiture of its media and entertainment division, indicating a strategic shift in its business focus [1] - The potential sale to Sky, owned by Comcast, highlights ITV's efforts to streamline operations and possibly enhance shareholder value [1] Group 2: Financial Implications - The proposed sale price of £1.6 billion ($2.15 billion) reflects ITV's valuation of its media and entertainment assets in the current market [1] - This transaction could impact ITV's financial position and future investment strategies, depending on the outcome of the discussions [1]
PureCycle Technologies, Inc. (PCT) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2025-11-07 02:41
Core Insights - PureCycle Technologies, Inc. reported a quarterly loss of $0.44 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.25, marking a 76.00% earnings surprise [1] - The company generated revenues of $2.43 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 50.06%, compared to zero revenues a year ago [2] - The stock has underperformed the market, gaining about 0.7% since the beginning of the year, while the S&P 500 has gained 15.6% [3] Company Performance - Over the last four quarters, PureCycle Technologies has consistently failed to meet consensus EPS estimates [2] - The current consensus EPS estimate for the upcoming quarter is -$0.20 on revenues of $15.3 million, and for the current fiscal year, it is -$1.21 on revenues of $23.37 million [7] - The estimate revisions trend for PureCycle Technologies was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Waste Removal Services industry, to which PureCycle Technologies belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]