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Universal Technical Institute Adds 15 New Programs

Benzinga · 06/09/2022 15:04
  • Universal Technical Institute Inc (NYSE:UTI) is expanding its growth strategy by adding fifteen new programs across its campus footprint.
  • The programs include Aviation, HVACR, Robotics, Industrial Maintenance and Wind Energy Technician training to UTI and NASCAR Technical Institute (NTI) branded campuses.
  • With the recent acquisition of MIAT College of Technology, Universal Technical Institute plans to introduce MIAT programs to its UTI and NTI institutions.
  • The company expects the move to increase the size of its addressable market.
  • Price Action: UTI shares are trading lower by 2.14% at $8.68 on the last check Thursday.