Pony AI Inc. (NASDAQ:PONY – Get Free Report) saw strong trading volume on Wednesday . 807,701 shares changed hands during trading, a decline of 17% from the previous session’s volume of 971,396 shares.The stock last traded at $13.53 and had previously closed at $15.26.
Analyst Ratings Changes
PONY has been the topic of a number of research reports. The Goldman Sachs Group started coverage on shares of Pony AI in a report on Monday, December 23rd. They issued a “buy” rating and a $19.60 price objective on the stock. Bank of America started coverage on shares of Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $18.00 price objective for the company.
Get Our Latest Stock Report on PONY
Pony AI Stock Down 9.4 %
Pony AI Company Profile
Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People’s Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People’s Republic of China.
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