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Wetouch Technology Inc - WETH STOCK NEWS

Welcome to our dedicated news page for Wetouch Technology (Ticker: WETH), a resource for investors and traders seeking the latest updates and insights on Wetouch Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wetouch Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wetouch Technology's position in the market.

Rhea-AI Summary
Wetouch Technology Inc. announces a strong revenue guidance of $56.3 million USD for FY 2024, representing a significant 41% growth over FY 2023. The company's solid financial performance in 2023 sets the stage for continued innovation and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.23%
Tags
none
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Rhea-AI Summary
Wetouch Technology Inc. (NASDAQ: WETH) reports a successful fiscal year 2023 with revenue growth to $39.71 million USD, despite a slight decrease in net income to $8.31 million USD. Strategic partnerships and innovative touch display solutions drove the revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.78%
Tags
-
Rhea-AI Summary
Wetouch Technology Inc. (WETH) announces a strategic partnership with IDEC , a leader in automation equipment, to advance human-machine interaction through cutting-edge touch display solutions. This collaboration signifies a significant milestone in the touch display industry, enhancing user experiences and expanding into the Japanese market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.11%
Tags
none
Rhea-AI Summary
WestPark Capital, Inc. closes $10.8 million public offering for Wetouch Technology Inc. (Nasdaq: WETH) to fund new factory construction and research & development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.09%
Tags
-
Rhea-AI Summary
Wetouch Technology Inc. (Nasdaq: WETH) successfully closed an underwritten public offering, raising $10.8 million through the sale of 2,160,000 shares at $5.00 per share. The Company plans to utilize the proceeds for various purposes, including the construction of a new factory, research and development, and working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
-
Rhea-AI Summary
Wetouch Technology Inc. (WETH) announces the pricing of an underwritten public offering of 2,160,000 shares of common stock at $5.00 per share, aiming to raise $10.8 million for various purposes. The Company's common stock is approved to list on Nasdaq under the ticker symbol 'WETH'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-46.67%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Wetouch Technology Inc

Nasdaq:WETH

WETH Rankings

WETH Stock Data

24.73M
9.70M
0.35%
0.37%
Computer Terminal and Other Computer Peripheral Equipment Manufacturing
Manufacturing
Link
China
Meishan