An investor bought almost $115,000 block of put contracts in PureCycle Technologies, Inc. on April 4, 2023. Investment analysts forecast an average price of $14.94 for the year as of March 30, 2023, for the recycling technology company. Among its large shareholders, Sylebra Capital, which owns 17.84 percent of the company, did not change the volume of owned shares, while Samlyn Capital, which owns over four percent of the company, decreased its holding by nearly 15 percent.
[Image Credit: © PureCycle Technologies, Inc.]