Pony AI Inc. (NASDAQ:PONY – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 807,701 shares traded hands during mid-day 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.
Wall Street Analyst Weigh In
PONY has been the subject of a number of recent analyst reports. Bank of America started coverage on Pony AI in a research report on Monday, December 23rd. They issued a “buy” rating and a $18.00 price target for the company. The Goldman Sachs Group started coverage on Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $19.60 price objective for the company.
View Our Latest Research Report on PONY
Pony AI Stock Up 10.4 %
About Pony AI
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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