Im asking of rctr Bloomberg nuclear power ipo
7/31/2025 09:00pm
I apologize for the confusion, but there seems to be a mix-up with the ticker symbol. **RCM Technologies (RCMT)** is not related to RedCloud Holdings (RCT) in terms of nuclear power or IPOs. Here's a breakdown of the available information:
1. **RCM Technologies (RCMT)**:
- **Industry**: Professional Services
- **Stock Price**: $24.91 (as of the latest data)
2. **RedCloud Holdings (RCT)**:
- **IPO Details**: Raised $20 million, offered 4,444,445 shares at $4.50 each, and traded on Nasdaq under the symbol RCT on March 21, 2025.
- **Financials**: Reported strong FY 2024 results with 135% YoY revenue growth to $46.5 million and a significant increase in Total Transaction Value. However, it also faced significant losses and had a high debt level.
- **Stock Performance**: Surged by 30.68% on July 29, 2025, closing at $2.33 on July 30, 2025.
- **Analyst Ratings**: Rated "Strong Buy" by analysts with a target price of $5, indicating a potential upside of 155.1%.
- **Market Position**: Focuses on AI-driven B2B solutions and has operations in several high-growth markets.
Given the information available, **RedCloud Holdings (RCT)** is not associated with nuclear power or any IPO related to nuclear power. The company is a B2B tech platform with a focus on AI and data-driven insights in the FMCG sector.