On September 22, a relatively under-the-radar stock in the technology sector made an undeniable statement. Shares of Richtech Robotics NASDAQ: RR ended the trading day with a gain of nearly 25%, simultaneously hitting a new 52-week high.
Rolls-Royce share price has been in a strong rally this year and is trading at a record high of 1,150. It is one of the top gainers in the FTSE 100 Index after soaring by almost 100% this year.
Rolls-Royce share price has surged this year and is hovering near its all-time high as demand for its engines continues rising. It rose to 1,090p on Monday, a few points below the year-to-date high of 1,110p.
Rolls-Royce share price had another successful month in April as it jumped to a record high of 1,111 GBX. It then pulled back to the current 1,070p as some investors started to book profits.
Richtech Robotics reported another set of uninspiring quarterly results, with tiny sales numbers and meaningful cash burn. The company continues to take advantage of its elevated valuation by aggressively selling newly-issued shares into the open market under its ATM agreement. During the quarter, Richtech reported some progress in China, but the near-term financial impact is likely to remain l...
The Rolls-Royce share price has moved sideways this month as the recent surge faded. It dropped to a low of 1,067p on Tuesday, down from the year-to-date high of 1,110p.
Rolls-Royce share price has been in a relentless bull run in the past few years, helped by the robust demand for its services and products in the civil aviation, defense, and power sectors. RR stock has also surged as management's efforts to boost sales and reduce spending have been successful.
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