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NASDAQ:WTO 14 November 2025 - 1 May 2026

UTime Stock Jumps After SEC Filing as Company Seeks to Scrap Resale Plan

UTime Stock Jumps After SEC Filing as Company Seeks to Scrap Resale Plan

SHENZHEN, China, May 2, 2026, 02:04 CST On May 1, UTime Limited told U.S. regulators it wants to scrap a resale registration statement, deciding not to register the securities the Nasdaq-listed device maker had originally put forward. CEO Hengcong Qiu signed the company’s request, which noted the Form F-3 was never declared effective—no securities ever changed hands in the planned secondary offering.
1 May 2026
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Stock Market Today

  • M-tron Industries (MPTI) edges higher as market slips, outlook mixed ahead of earnings
    July 1, 2026, 8:11 PM EDT. M-tron Industries, Inc. (MPTI) gained 1.61% to $100.75 even as the S&P 500 slipped 0.22%, the Dow lost 0.03%, and the Nasdaq fell 0.66%. Shares had previously jumped 8.27%, outpacing the Construction sector's 5.89% move and dodging the S&P 500's 1.21% loss. EPS for the coming quarter is expected at $0.47, down 11.32% from last year, while revenue is seen rising 11.45% to $14.8 million. For the year, forecasts put EPS at $2.26 on $59.7 million in revenue, a 13.74% earnings drop and 9.71% revenue gain. MPTI trades at a Forward P/E of 43.87, above the industry's 38.44, with a PEG ratio of 1.75 compared to 2.05 for peers. Zacks gives the stock a Rank #5 (Strong Sell), as analysts remain cautious on mixed signals.
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