UCT Announces Launch of Public Offering of Common Stock
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HAYWARD, Calif., April 5, 2021 /PRNewswire/ Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a leading developer and supplier of critical subsystems, ultra-high purity cleaning and analytical services primarily for the semiconductor industry, today announced that it has commenced an underwritten public offering of $175.0 million of its common stock. All of the shares of common stock to be sold in the offering will be offered by the Company. In addition, the Company expects to grant the underwriters a 30-day option to purchase additional shares of Ultra Clean s common stock at the public offering price, less the underwriting discount. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
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3 Types of Tech Stocks That Could Do Well Amid a Lengthier Rotation Tech companies likely to see revenue growth inflect higher could continue doing well, as might relatively inexpensive ones that are poised to continue growing.
Mar 15, 2021 | 04:30 AM EDT
Chip stocks, discounted software stocks and reopening plays are three types of tech companies that could hold up well if recent market rotations away from frothier names that are up sharply over the last 12 months, and into value and cyclical names, lasts more than a short while.
To be sure, a lot of those frothier names rebounded sharply from Tuesday to Thursday, after getting hammered over the prior three weeks. And the pending arrival of $1,400 stimulus checks might just drive additional gains for some of these companies over the next week or two.