Pony AI Inc. (NASDAQ:PONY – Get Free Report) shares traded down 2.5% on Tuesday . The stock traded as low as $13.91 and last traded at $14.03. 106,871 shares were traded 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.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Bank of America assumed coverage on shares of Pony AI in a research report on Monday. They issued a “buy” rating and a $18.00 price target on the stock. The Goldman Sachs Group initiated coverage on shares of Pony AI in a research report on Monday. They issued a “buy” rating and a $19.60 price objective for the company.
Read Our Latest Report on Pony AI
Pony AI Trading Down 7.7 %
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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