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Nasdaq, Pony AI
Pony AI’s valuation hits $5.25B after Nasdaq debut
Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($PONY), a Chinese autonomous driving start-up, debuted on the Nasdaq on Wednesday with its American depositary shares climbing as much as 19%. The company’s valuation has surpassed $5 billion,
13h
on MSN
Why Cerence Inc. (CRNC) Is One of the Best AI Stocks to Invest in Under $10?
We recently published a list of 12 Best Artificial Intelligence Stocks To Invest In Under $10. In this article, we are going ...
13d
The Artificial Intelligence (AI) Boom Isn't Over. 3 AI Stocks to Buy Right Now.
The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030 ...
3d
on MSN
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5 ...
3d
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U ...
5h
on MSN
Rosenblatt Raises CrowdStrike Holdings (CRWD) Target to $385, Highlights Resilience in AI-Powered Cybersecurity
We recently compiled a list of the 15 Buzzing AI Stocks Making Headlines. In this article, we are going to take a look at ...
3d
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a ...
3d
on MSN
Jet.AI formally regains compliance with Nasdaq requirements
Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and ...
13h
on MSN
Why Applied Digital (APLD) Is One of the Best AI Stocks to Invest in Under $10?
We recently published a list of 12 Best Artificial Intelligence Stocks To Invest In Under $10. In this article, we are going ...
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