Can PureCycle Technologies (PCT) Climb 67.35% to Reach the Level Wall Street Analysts Expect? |
The average of price targets set by Wall Street analysts indicates a potential upside of 67.4% in PureCycle Technologies (PCT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2025-05-12 15:00:52 |
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PureCycle Technologies, Inc. (PCT) Q1 2025 Earnings Call Transcript |
PureCycle Technologies, Inc. (NASDAQ:PCT ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Eric DeNatale - Director-Investor Relations Dustin Olson - Chief Executive Officer Jaime Vasquez - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Hassan Ahmed - Alembic Global Thomas Boyes - TD Cowen Eric Stine - Craig-Hallum Capital Group Gerry Sweeney - ROTH Capital Amer Tiwana - Imperial Capital Operator Hello and thank you for standing by. At this time I would like to welcome you to the PureCycle Technologies First Quarter 2025 Corporate Update Call. |
seekingalpha.com |
2025-05-08 10:07:51 |
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PureCycle Technologies, Inc. (PCT) Reports Q1 Loss, Lags Revenue Estimates |
PureCycle Technologies, Inc. (PCT) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.28 per share a year ago. |
zacks.com |
2025-05-08 01:25:29 |
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PureCycle Technologies First Quarter 2025 Corporate Update |
ORLANDO, FL / ACCESS Newswire / May 7, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, announced today a corporate update for the first quarter ending March 31, 2025. Management Commentary PureCycle CEO Dustin Olson commented, "The first quarter was a significant milestone for PureCycle, as we generated the first reported revenues in the Company's history. |
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2025-05-07 20:05:00 |
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PureCycle Invites Ironton and Denver Communities to Tour Recycling Facilities |
ORLANDO, FL / ACCESS Newswire / May 1, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced its participation in The Association of Plastic Recyclers' (APR) Recycling in Action initiative. As part of Recycling in Action, plastic recyclers across the U.S. will offer an up-close look, during the month of May, at the journey of recyclables as they are sorted and transformed into new materials. |
accessnewswire.com |
2025-05-01 12:00:00 |
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3 Growth Stocks Down as Much as 34% to Buy Right Now |
It's not just showers that April brought recently. It was volatility -- and a lot of it. |
fool.com |
2025-04-29 08:51:00 |
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PureCycle Schedules First Quarter 2025 Corporate Update |
ORLANDO, FL / ACCESS Newswire / April 23, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Wednesday, May 7, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call. |
accessnewswire.com |
2025-04-23 21:00:00 |
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PureCycle Announces Sale of Approximately $30 Million in Revenue Bonds |
ORLANDO, FL / ACCESS Newswire / April 22, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced through a series of transactions the sale of certain Southern Ohio Port Authority Tax-Exempt Facility Revenue Bonds. The Company sold approximately $30 million in aggregate par value at a price of $880 per $1,000 of face value, to a number of investors, including Duquesne Family Office LLC. |
accessnewswire.com |
2025-04-22 12:00:00 |
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PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe |
ORLANDO, FL / ACCESS Newswire / March 31, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a collaboration with Landbell Group, a global operator of morethan 40 producer responsibility organizations (PROs) and a leading provider of closed-loop recycling solutions. The collaboration will help to prioritize and expand upcycling of polypropylene (PP) waste into high-purity, recycled PP that can be used in high-value and demanding applications across Europe. |
accessnewswire.com |
2025-03-31 07:00:00 |
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PureCycle Announces Preliminary Court Approval of Shareholder Derivative Settlement |
ORLANDO, FL / ACCESS Newswire / February 28, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced that on February 18, 2025, the U.S. District Court for the District of Delaware issued an order granting preliminary approval of a settlement to resolve shareholder derivative lawsuits and certain shareholder demand letters. In accordance with the Court's order preliminarily approving the settlement, PureCycle is making disclosure of the settlement to its shareholders in the Notice of Proposed Settlement of Stockholder Derivative Matters, Hearing Thereon, and Right to Appear (Notice) attached hereto. |
accessnewswire.com |
2025-02-28 11:25:00 |
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PureCycle Technologies, Inc. (PCT) Q4 2024 Earnings Call Transcript |
PureCycle Technologies, Inc. (NASDAQ:PCT ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Eric DeNatale - Director-Investor Relations Dustin Olson - Chief Executive Officer Jaime Vasquez - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Hassan Ahmed - Alembic Eric Stine - Craig-Hallum Aadit Shrestha - Stifel Thomas Boyes - TD Cowen Gerry Sweeney - ROTH Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to PureCycle Technologies Fourth Quarter 2024 Corporate Update Call. |
seekingalpha.com |
2025-02-27 18:19:04 |
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PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2024 Update |
ORLANDO, FL / ACCESS Newswire / February 27, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the fourth quarter and fiscal year ending December 31, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The fourth quarter was one of significant progress for the Company. |
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2025-02-27 09:00:00 |
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PureCycle Schedules Fourth Quarter 2024 Corporate Update |
ORLANDO, FL / ACCESS Newswire / February 12, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, February 27, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the fourth quarter and fiscal year ended December 31, 2024 will be provided prior to the conference call. |
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2025-02-12 10:30:00 |
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Churchill Introduces "Run It Back" Line of Cups & Containers Made with Recycled PureFive(TM) Resin |
ORLANDO, FL / ACCESS Newswire / February 6, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT) and Churchill Container, today, announced a new line of cups manufactured primarily with recycled PureFive™ resin. Churchill Container produces rigid plastic cups and buckets for clients in the sports, theater, and restaurant industries. |
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2025-02-06 10:30:00 |
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PureCycle Announces Financing Transaction for $33 Million |
ORLANDO, FL / ACCESS Newswire / February 5, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a transaction anchored by Pleiad Investment Advisors Limited, with participation from Sylebra Capital Management, and Samlyn Capital, LLC to raise gross proceeds of $33 million. PureCycle anticipates that the transaction will close on February 6, 2025. |
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2025-02-05 11:00:00 |
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Drake Purchases PureCycle Resin Following Successful Production of Continuous Filament Yarns |
ORLANDO, FL / ACCESS Newswire / January 21, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the initial sale of nearly 500,000 pounds of resin to Drake Extrusion Inc. (Drake) for the production of continuous filament yarns, which could be used to make items such as rugs, upholstery, and apparel. Drake is North America's leading manufacturer of colored filament yarn, and staple fiber. |
accessnewswire.com |
2025-01-21 10:30:00 |
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PureCycle Technologies: On The Brink Of Something Incredible |
PureCycle Technologies, leveraging proprietary technology licensed from Procter & Gamble, converts polypropylene waste into ultra-pure recycled resin, positioning itself as a leader in the nascent plastics recycling industry. Despite high volatility and significant risks, including operational delays and financial constraints, PCT's innovative approach and strong leadership offer substantial growth potential and environmental benefits. The company has made strategic partnerships and agreements with major brands like Nestlé and L'Oréal and aims to ramp up production significantly by 2027. |
seekingalpha.com |
2025-01-13 09:30:47 |
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PureCycle Technologies, Inc. (PCT) Q3 2024 Earnings Conference Call Transcript |
PureCycle Technologies, Inc. (NASDAQ:PCT ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christian Bruey - Director of Communications. Dustin Olson - CEO Jaime Vasquez - CFO Conference Call Participants Hassan Ahmed - Alembic Global Advisors Eric Stine - Craig-Hallum Capital Group Thomas Boyes - TD Cowen Andres Sheppard-Slinger - Cantor Fitzgerald Brian Butler - Stifel Gerard Sweeney - ROTH Capital Operator Good day, and thank you for standing by. |
seekingalpha.com |
2024-11-09 16:31:39 |
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PureCycle Provides Third Quarter 2024 Corporate Update |
ORLANDO, FL / ACCESSWIRE / November 7, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the third quarter ending September 30, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The third quarter represented meaningful progress for the Company on multiple fronts. |
accesswire.com |
2024-11-07 10:30:00 |
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3 Stocks With High Short Interest Still Near Their 52-Week Highs |
Every stock has bulls and bears. When trying to understand the bearish sentiment around a stock, looking at short interest can be particularly useful. |
marketbeat.com |
2024-10-30 10:02:20 |
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PureCycle: Up 250% in 2024 - Is This Materials Stock Still a Buy? |
PureCycle Technologies NYSE: PCT is a small-cap materials stock that has gone on a true tear this year. The stock is up over 250%, a head-turning number that has caught the attention of many investors. |
marketbeat.com |
2024-10-26 11:16:17 |
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PureCycle Schedules Third Quarter 2024 Corporate Update |
ORLANDO, FL / ACCESSWIRE / October 24, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, November 7, 2024, to provide an update on recent corporate developments. A press release discussing such developments and other activity from the third quarter will be provided prior to the conference call. |
accesswire.com |
2024-10-24 12:30:00 |
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PureCycle Processes One Million Pounds in a Week at Ironton Facility |
IRONTON, OH / ACCESSWIRE / September 16, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced that the Company's flagship facility in Ironton, Ohio processed more than one million pounds of feedstock over a consecutive seven-day span. PureCycle CEO Dustin Olson said, "We have now hit all three of the near-term goals that we discussed during our second quarter investor update in early August. |
accesswire.com |
2024-09-16 12:45:00 |
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Why PureCycle Technologies Rocketed Nearly 40% Today |
PureCycle is a pre-revenue plastics recycling company on the verge of commercialization. The cash-strapped company received a cash infusion from its private equity partners and announced progress at its Ironton facility. |
fool.com |
2024-09-11 18:01:02 |
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PureCycle Announces Financing Transaction and Ironton Production Update |
Ironton Facility Reaches Feed Rate of 10,000 Pounds Per Hour; Processes Over 200,000 Pounds in One Day IRONTON, OH / ACCESSWIRE / September 11, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a series of transactions with Sylebra Capital Management and Samlyn Capital, LLC to raise gross proceeds of $90 million. PureCycle anticipates that the transactions will close on September 13, 2024. |
accesswire.com |
2024-09-11 13:00:00 |
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PureCycle Technologies Is Still Going (Concern) |
PureCycle Technologies has struggled to scale its polypropylene recycling plant, failing to generate material sales despite initial promises at its SPAC. The company faces significant challenges with its co-product 2 (CP2), impacting its ability to get to nameplate production. PCT's shift to selling compounded products, blending recycled material with virgin or post-industrial plastic, indicates a deviation from its original ultrapure resin goal. |
seekingalpha.com |
2024-09-06 15:28:10 |
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Eli Lilly To Rally Around 15%? Here Are 10 Top Analyst Forecasts For Monday |
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. |
benzinga.com |
2024-08-12 13:46:00 |
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PureCycle Provides Second Quarter 2024 Update |
IRONTON, OH / ACCESSWIRE / August 8, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the second quarter ending June 30, 2024. Management Commentary PureCycle CEO Dustin Olson said, "Our team made foundational progress in the second quarter, in terms of production, improving our reliability, and with higher levels of co-product 2 or CP2. |
accesswire.com |
2024-08-08 11:30:00 |
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PureCycle: Commercial Operations Now On The Near Term Horizon |
PureCycle is making progress towards commercial operations at its polypropylene recycling facility, with potential customers using PCT recycled pellets in numerous products. The company still faces technical challenges but has resolved many issues in the first half of 2024. in resolving operational issues at its IronTon facility. PCT's financial situation has changed, it is low on cash and must prove the commercial viability of its operation as well as its technical viability. |
seekingalpha.com |
2024-07-28 17:20:16 |
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PureCycle to Receive Expanded FDA No Objection Letter for PureFive(TM) Resin Use in Cosmetics, Personal Care and Food Applications |
ORLANDO, FL / ACCESSWIRE / June 11, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the receipt of a Letter of No Objection (LNO) from the United States Food & Drug Administration (FDA) confirming that the Company's PureFive™ Ultra-Pure Recycled resin is suitable for use in food-contact applications. This LNO expands upon a previous no-objection letter to PureCycle from the FDA, confirming that the Agency considers PureFive™ Ultra-Pure Recycled resin to be suitably pure for use in contact with all food types under FDA's Conditions of Use A through H. |
accesswire.com |
2024-06-11 12:00:00 |
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PureCycle to Participate in Stifel's 2024 Cross Sector Insight Conference |
ORLANDO, FL / ACCESSWIRE / June 4, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT) is scheduled to participate in Stifel's upcoming investor conference on June 5. Details and the link to participate are below: Date: Wednesday, June 5, 2024 Time: 10:20 a.m. |
accesswire.com |
2024-06-04 21:15:00 |
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PureCycle Provides Update on Ironton Purification Facility |
IRONTON, OH / ACCESSWIRE / June 3, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced that the Company's flagship purification facility in Ironton, Ohio is demonstrating improved reliability and product quality since resuming operations. The Ironton Facility initially resumed operations the week of May 20. |
accesswire.com |
2024-06-03 12:00:00 |
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National Bank of Canada FI Grows Position in PureCycle Technologies, Inc. (NYSE:PCT) |
National Bank of Canada FI boosted its stake in shares of PureCycle Technologies, Inc. (NYSE:PCT – Free Report) by 45.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,979 shares of the company’s stock after purchasing an additional 4,388 shares during the period. National Bank of Canada FI’s holdings in PureCycle Technologies were worth $52,000 at the end of the most recent reporting period. Other large investors also recently bought and sold shares of the company. RIA Advisory Group LLC acquired a new stake in PureCycle Technologies during the 4th quarter valued at approximately $40,000. Integrated Advisors Network LLC acquired a new stake in PureCycle Technologies during the 3rd quarter valued at approximately $56,000. Symphony Financial Ltd. Co. acquired a new stake in PureCycle Technologies during the 4th quarter valued at approximately $43,000. Monashee Investment Management LLC acquired a new stake in PureCycle Technologies during the 3rd quarter valued at approximately $66,000. Finally, Stratos Wealth Advisors LLC acquired a new stake in PureCycle Technologies during the 4th quarter valued at approximately $53,000. Hedge funds and other institutional investors own 63.01% of the company’s stock. PureCycle Technologies Stock Performance Shares of NYSE PCT opened at $5.35 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.84. PureCycle Technologies, Inc. has a 12 month low of $2.38 and a 12 month high of $11.89. The company has a 50 day simple moving average of $5.43 and a two-hundred day simple moving average of $4.65. The stock has a market cap of $880.77 million, a price-to-earnings ratio of -5.25 and a beta of 1.60. PureCycle Technologies (NYSE:PCT – Get Free Report) last posted its earnings results on Tuesday, March 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.08. As a group, analysts predict that PureCycle Technologies, Inc. will post -0.73 earnings per share for the current year. Insider Activity at PureCycle Technologies In other news, Director Fernando Musa bought 18,303 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The stock was purchased at an average cost of $5.46 per share, for a total transaction of $99,934.38. Following the purchase, the director now directly owns 68,413 shares in the company, valued at approximately $373,534.98. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 11.44% of the company’s stock. About PureCycle Technologies (Free Report) PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries. Read More Five stocks we like better than PureCycle Technologies 3 Stocks to Consider Buying in October MarketBeat Week in Review – 5/13 – 5/17 10 Best Airline Stocks to Buy Take-Two Interactive Software Offers 2nd Chance for Investors What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook |
https://www.defenseworld.net |
2024-05-20 09:04:52 |
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PureCycle Technologies- Walking A Tightrope Amidst Execution Challenges |
PureCycle Technologies- Walking A Tightrope Amidst Execution Challenges |
seekingalpha.com |
2024-05-15 20:59:19 |
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PureCycle Technologies Provides First Quarter 2024 Update |
ORLANDO, FL / ACCESSWIRE / May 7, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the first quarter ending March 31, 2024. Management Commentary PureCycle Chief Executive Officer Dustin Olson said, "We had a productive quarter in Ironton and were able to start providing existing and future customers with resin from the commercial facility, so they could begin to sample the material. |
accesswire.com |
2024-05-07 12:00:00 |
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PureCycle Schedules First Quarter 2024 Corporate Update |
ORLANDO, FL / ACCESSWIRE / April 23, 2024 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Tuesday, May 7, 2024, to provide an update on recent corporate developments. A press release discussing such developments and other activity from the first quarter will be provided prior to the conference call. |
accesswire.com |
2024-04-23 12:00:00 |
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Outperforming ETF manager names a potential ‘50-bagger' in the stock market |
The Simplify Health Care exchange-traded fund has grown to $136 million in assets in two and a half years. It is never easy for an actively managed fund to outperform its benchmark or a broad stock-market index, but Michael Taylor, the fund's lead manager, has done that so far. |
marketwatch.com |
2024-04-06 11:10:00 |
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