TechStock² Earnings
Wetour Robotics Stock Jumps 128%, but $0.90 Share Sale Could Dilute Holders 65%
Wetour Robotics (NASDAQ:WETO) shares surged 128% on Friday, closing at $8.22, following the announcement of a deeply discounted private share sale. The company plans to sell 2 million ordinary shares at $0.90 each, which could lead to significant dilution for existing shareholders, representing approximately 65% of the pro-forma total shares. This rally was driven by the disclosure of …