Pony AI Inc. (NASDAQ:PONY - Get Free Report)'s stock price traded up 7.3% during trading on Tuesday . The company traded as high as $16.25 and last traded at $16.16. 233,228 shares were traded during trading, a decline of 65% from the average session volume of 671,467 shares. The stock had previously closed at $15.06.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on PONY shares. The Goldman Sachs Group began coverage on Pony AI in a report on Monday, December 23rd. They issued a "buy" rating and a $19.60 price objective for the company. Bank of America started coverage on Pony AI in a research note on Monday, December 23rd. They issued a "buy" rating and a $18.00 price objective on the stock.
Read Our Latest Stock Report on Pony AI
Pony AI Stock 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.
Further Reading
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