Pony AI Inc. (NASDAQ:PONY - Get Free Report) shares traded down 2.5% during trading on Tuesday . The stock traded as low as $13.91 and last traded at $14.03. 106,871 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 959,574 shares. The stock had previously closed at $14.39.
Analyst Ratings Changes
PONY has been the subject of several recent analyst reports. Bank of America initiated coverage on Pony AI in a research note on Monday. They issued a "buy" rating and a $18.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Pony AI in a report on Monday. They issued a "buy" rating and a $19.60 price objective for the company.
Read Our Latest Research Report on PONY
Pony AI Price Performance
About Pony AI
(
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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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