Reported 4 months ago
Pony AI Inc. (NASDAQ:PONY) saw a staggering 72.4% increase in its stock price this week, reaching $17.93, after striking a deal with Uber Technologies Inc. (NYSE:UBER) to introduce robotaxis in the Middle East. This collaboration marks a significant expansion for Pony AI, which aims to leverage Uber's extensive customer base. As the market faced overall declines, Pony AI stood out as a top performer, driven by investor enthusiasm for its growth potential in autonomous vehicle technology.
Source: YAHOO