NasdaqCM:PCTChemicals
PureCycle Technologies (PCT) Stock Hinges On Liquidity As Losses Persist
PureCycle Technologies stock added 4.9% to close at US$7.21 heading into the first full trading day after its Q2 2026 release. That is a confident move for a company that just reported another heavy quarterly loss. The market is cheering the balance sheet story instead of the income statement.
The headline this quarter is liquidity. PureCycle raised about US$432m in fresh equity and convertible notes and finished the quarter with US$236.9m in total liquidity, plus an undrawn US$200m revolving...