Welbilt Inc (WBT) gains 0.47% for July 21

Equities Staff  |

Welbilt Inc (NYSE: WBT) shares gained 0.47%, or $0.11 per share, to close Wednesday at $23.49. After opening the day at $23.50, shares of Welbilt fluctuated between $23.50 and $23.39. 2,111,275 shares traded hands a decrease from their 30 day average of 2,992,681. Wednesday's activity brought Welbilt’s market cap to $3,338,305,028.

Welbilt is headquartered in New Port Richey, Florida, and employs more than 5,000 people.

About Welbilt Inc

Welbilt, Inc. provides the world's top chefs, premier chain operators and growing independents with industry-leading equipment and solutions. Its innovative products and solutions are powered by our deep knowledge, operator insights, and culinary expertise. Welbilt portfolio of award-winning product brands includes Cleveland™, Convotherm®, Crem®, Delfield®, Frymaster®, Garland®, Kolpak®, Lincoln®, Manitowoc® Ice, Merco®, Merrychef® and Multiplex®. These product brands are supported by three service brands: KitchenCare®, our aftermarket parts and service brand, FitKitchen®, our fully-integrated kitchen systems brand, and KitchenConnect®, cloud-based digital platform brand. Headquartered in the Tampa Bay region of Florida and operating 20 manufacturing facilities throughout the Americas, Europe and Asia, Welbilt sells through a global network of over 5,000 distributors, dealers, buying groups and manufacturers' representatives in over 100 countries. The Company has approximately 4,500 employees and generated sales of $1.6 billion in 2019.

Visit Welbilt Inc’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Welbilt Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Welbilt Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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