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PureCycle Technologies and Clorox face market shifts
PureCycle Technologies saw its share price drop 8.3% during Monday trading, reaching a low of $3.97. The company, which has a market capitalization of approximately $818.67 million, recently reported an earnings per share of ($0.80) for the quarter, missing consensus estimates.
In separate news, Wells Fargo has lowered its price target for The Clorox Company from $90 to $85, maintaining an 'Equal Weight' rating. Clorox reported quarterly revenue of $1.95 billion for the period ending June 30, 2026, a 2.00% decrease from the previous year. Net profit for the same period fell by 50.90%, dropping from $332 million to $163 million.