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Nasdaq, Pony AI
Pony AI’s valuation hits $5.25B after Nasdaq debut
Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($PONY), a Chinese autonomous driving start-up, debuted on the Nasdaq on Wednesday with its American depositary shares climbing as much as 19%. The company’s valuation has surpassed $5 billion,
16h
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U ...
12m
on MSN
Advanced Micro Devices (AMD) and Apple to Lead with TSM’s Advanced 2nm AI Chips in 2025
We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
7d
Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street Analyst.
On Nov. 18, mobile advertising company AppLovin (NASDAQ: APP) joined the index, replacing discount store Dollar Tree.
21h
on MSN
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5 ...
49m
on MSN
Amazon.com, Inc. (AMZN): Redburn Raises Price Target to $235, Highlights AWS Leadership in AI Ecosystem
We recently compiled a list of the 15 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where ...
11h
on MSN
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics ...
18h
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a ...
1h
on MSN
Alphabet Inc. (GOOG): Judge Suggests AI Could Influence Antitrust Remedies in Google Search Case
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
22h
on MSN
Jet.AI formally regains compliance with Nasdaq requirements
Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and ...
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