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). UTime (UTME) Stock Forecast, Price & News 0.58 +0.14 (+31.00) (As of 08:51 PM ET) Compare Today's Range 0.42 0.59 50-Day Range 0.44 2.59 52-Week Range 0.42 3.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.Brilliant Norton Securities Company Limited and Fosun Hani Securities Limited are acting as co-underwriters for the offering.Boustead Securities is the lead underwriter of the UTime IPO.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. (39.88) Today Market Cap 4.77M Volume (M) 6.89M 52-Wk High 3.40 52-Wk Low 0.51 About News Fundamentals UTime Limited (NASDAQ:UTME) Sees Significant Increase in Short Interest Ticker Report 20 days ago UTime Limited (NASDAQ:UTME Free Report) was the target of a significant growth in short interest in June.Changing timestamps is permitted when: either the process has appropriate privileges, or. If times is NULL, then the access and modification times of the file are set to the current time. That has it working to create devices and products that are cost-effective. The utime () system call changes the access and modification times of the inode specified by filename to the actime and modtime fields of times respectively.Instead, the company is aiming at budget customers in established and emerging markets.Unlike most mobile comapnies, UTME isn’t aiming for big spenders. 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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