Today: 24 March 2026
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NASDAQ:UCTT 10 February 2026 - 25 February 2026

Ultra Clean (UCTT) stock pushes to $73 in premarket as earnings-fueled rally keeps running

Ultra Clean (UCTT) stock pushes to $73 in premarket as earnings-fueled rally keeps running

Ultra Clean Holdings shares rose about 1.5% premarket Wednesday to $73, after jumping 17% Tuesday on AI-driven wafer fab equipment optimism. Fourth-quarter revenue reached $506.6 million, with a GAAP net loss of $3.3 million and non-GAAP net income of $10 million. Needham raised its price target to $70. The company forecast first-quarter revenue of $505 million to $545 million.

Stock Market Today

  • Dollar Gains on Weak Stocks, Higher Yields Amid Global Tensions and Economic Data
    March 24, 2026, 1:09 PM EDT. The U.S. dollar index rose 0.38%, boosted by ongoing tensions with Iran increasing its appeal as a safe haven. Crude oil prices jumped 3%, fueling inflation concerns and supporting expectations of Federal Reserve tightening. Stronger-than-expected U.S. manufacturing PMIs and an upward revision in Q4 unit labor costs to 4.4% bolstered the dollar. The euro weakened 0.19% pressured by higher oil prices and a stronger dollar despite Eurozone manufacturing growth. The yen dropped 0.15% after weaker-than-expected inflation and manufacturing data, alongside rising U.S. Treasury yields. Market expectations suggest a modest chance of rate hikes in upcoming Fed and ECB meetings, with divergent monetary policies influencing currency moves.
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