![]() ![]() UTime joins a growing list of companies that are seeing shares soar on Wednesday. UTME stock was up 113.4% as of Wednesday afternoon. It’s also unknown just how well these glasses would be able to compete against possible offerings from larger rivals such as Apple (NASDAQ: AAPL) or Alphabet (NASDAQ: GOOGL, GOOG).The idea of a budget company offering Bluetooth glasses when many larger companies haven’t entered the space yet is strange.One of its more interesting plans is Bluetooth glasses.UTME hopes to fix this with the extra development that funds from the offering will allow.The company’s focus on cheap phones means that it doesn’t yet have one that offers 4G to customers.UTime wants to use the funds gained from its IPO to expand its business. ( UTME) Add to Watchlist 0.490 -0.087 (-15.06) Jul 19, 2023, 4:00 PM EDT - Market closed Overview Financials Statistics Forecast Dividends Profile Chart 1D 5D 1M YTD 1Y 5Y Max -15.Brilliant Norton Securities Company Limited and Fosun Hani Securities Limited are acting as co-underwriters for the offering.The first array member represents the date and time of the last access, and the second member represents the date and time of the last modification. The times argument is an array of two timeval structures. Boustead Securities is the lead underwriter of the UTime IPO. The utimes () function sets the access and modification times of the file pointed to by the path argument to the value of the times argument.That set the company up to earn $15 million in gross proceeds from the IPO.This saw the company offering up 3.75 million shares of UTME stock at a price of $4 each.UTime only just launched its IPO on Tuesday. ![]() That has it working to create devices and products that are cost-effective.Instead, the company is aiming at budget customers in established and emerging markets.Unlike most mobile comapnies, UTME isn’t aiming for big spenders. Track AMC Entertainment Holdings Inc (AMC) Stock Price, Quote, latest community messages, chart, news and other stock related information.UTime is a Chinese mobile company focused on developing and manufacturing phones, accessories, and other related products.Here’s everything investors need to know about UTME stock. ![]()
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