Skip to main content

Market Overview

What In The World Is Going On With UTME Stock Today?

What In The World Is Going On With UTME Stock Today?

UTime Ltd (NASDAQ: UTME) shares are up over 1,000% Tuesday afternoon on heavy volume after the company announced the pricing of its initial public offering Tuesday morning of 3,750,000 shares at a price of $4.00 per share.

UTime began trading just after 11 a.m. ET has been halted eight times at the time of publication due to the heavy influx of buying pressure. 

UTime operates as a mobile device manufacturing company committed to providing cost-effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets. 

UTime is mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics.


Related Articles (UTME)

View Comments and Join the Discussion!

Posted-In: News IPOs Movers Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at