Sylebra Capital LLC Sells Shares of PureCycle Technologies, Inc. $PCT
Key Points
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Sylebra Capital LLC, insider at PureCycle Technologies, Inc. ($PCT), sold 3,373,820 shares at an average price of $1,050, for a total transaction of $3.54 billion. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
PureCycle Technologies, Inc. Stock Up 26.0%
Shares of PureCycle Technologies, Inc. ($PCT) traded around $8.19 on Wednesday, up 26.0% for the day.
PureCycle Technologies, Inc. Earnings
Analysts Set New Price Targets
About PureCycle Technologies, Inc.
PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP) in Thailand. The company holds a license for restoring waste PP into ultra-pure recycled PP resin, PureFive, which has various applications, including packaging and labeling for consumer products, textiles, and plastic parts for various industries. Its recycling process separates color, odor, other plastics, and additives through a physical separation process. The company was founded in 2015 and is headquartered in Orlando, Florida.
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