Pony AI Inc. (NASDAQ:PONY – Get Free Report)’s share price traded down 4.7% during trading on Friday . The company traded as low as $14.30 and last traded at $14.47. 189,501 shares were traded during mid-day trading, a decline of 49% from the average session volume of 368,915 shares. The stock had previously closed at $15.19.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Bank of America initiated coverage on shares of Pony AI in a research report on Monday, December 23rd. They issued a “buy” rating and a $18.00 price objective on the stock. The Goldman Sachs Group started coverage on Pony AI in a research report on Monday, December 23rd. They issued a “buy” rating and a $19.60 price objective for the company.
Get Our Latest Research Report on PONY
Pony AI Stock Down 4.1 %
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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