QualTek Services Inc. (QTEK) News
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QTEK News Highlights
- For QTEK, its 30 day story count is now at 2.
- Over the past 7 days, the trend for QTEK's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest QTEK News From Around the Web
Below are the latest news stories about QUALTEK SERVICES INC that investors may wish to consider to help them evaluate QTEK as an investment opportunity.
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on ThursdayIt's time to start the day with a breakdown of the biggest pre-market stock movers that traders need to know about for Thursday morning! |
QualTek Services Inc. Receives Nasdaq Delisting NoticeBLUE BELL, Pa., May 31, 2023--QualTek Services Inc. (NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq had determined to delist the Company’s common stock as a result of the Company’s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company’s common stock would be suspended at the opening of business on June 2 |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on TuesdayIt's time for a look at the biggest pre-market stock movers on Tuesday morning with all the details traders need to know about! |
Why Is Ideanomics (IDEX) Stock Up 15% Today?Ideanomics (IDEX) stock is on the rise Tuesday with strong early morning trading without any news from the company explaining the rally. |
Why Is IronNet (IRNT) Stock Down 15% Today?IronNet (IRNT) stock is taking a beating on Tuesday as the company gives up some of the gains it made during a Friday rally. |
Why Is QualTek Services (QTEK) Stock Up 188% Today?QualTek Services (QTEK) stock is rocketing higher on Tuesday despite a lack of news from the infrastructure services company. |
Why Is Tian Ruixiang (TIRX) Stock Down 3% Today?Tian Ruixiang (TIRX) stock is slipping on Tuesday morning despite a lack of news from the Chinese insurance brokerage services company. |
QualTek to Strengthen Financial Position and Drive Long-Term Growth Through Consensual Financial RestructuringBLUE BELL, Pa., May 24, 2023--QualTek Services Inc. (NASDAQ: QTEK) (the "Company" or "QualTek"), a leading infrastructure services provider, today announced a restructuring transaction that will position it to achieve long-term success in the telecom, renewables, and recovery logistics sectors. The restructuring transaction reduces the Company’s debt by approximately $307 million and provides $40 million of additional liquidity, substantially improving the Company’s balance sheet and financial p |
QualTek Shares Business UpdateBLUE BELL, Pa., April 24, 2023--(NASDAQ: QTEK)— QualTek Services Inc. (the "Company") announced today that it has entered into a forbearance agreement with a majority of convertible noteholders of its Senior Unsecured Convertible Notes ("Convertible Notes"). This forbearance agreement follows the Company’s election to enter a 30-day grace period ending April 14, 2023, to make the interest payment on its Convertible Notes and subsequent decision to not make the payment. The Company also entered i |
QualTek Secures New Money FinancingBLUE BELL, Pa., March 16, 2023--QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, today announced the successful closing of new money incremental term loans providing $55 million in immediately available funds under its existing term loan credit agreement. The Company also announced the appointment of Cari Turner of Alvarez & Ma |