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Pony AI fetches $5.25 billion valuation
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,
AI, Jet and Nasdaq
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 minimum bid price requirements. As of November 26, 2024, there was ~$6.8M in pro forma shareholders’ equity and cash and cash equivalents of $6.
Jet.AI formally regains compliance with Nasdaq minimum bid price requirement
Jet.AI (JTAI) announced it has officially received notice from the Nasdaq Stock Market confirming it has regained compliance with both the $2.5
Jet.AI Formally Regains Compliance with Nasdaq Stockholders' Equity Requirement and Minimum Bid Price Requirement
Jet.AI Inc. ( “ Jet.AI” or the “ Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it has officially received notice from the Nasdaq Stock Market LLC (“Nasdaq”) confirming it has regained compliance with both the $2.
24m
on MSN
Zoom Video Communications, Inc. (ZM) Rebrands as AI-First Platform; UBS Raises Price Target to $90 Amid Growth Uncertainty
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 ...
21h
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 ...
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.
2h
on MSN
CMB International Maintains ‘Buy’ on Palo Alto Networks, Inc. (PANW) with $464.40 Target, Highlights Strong Q1 2025 Results and AI-Driven Growth
We recently compiled a list of the 15 Buzzing AI Stocks Making Headlines. In this article, we are going to take a look at ...
2h
on MSN
7 AI Stocks I Own and Won't Stop Buying
The artificial intelligence (AI) revolution is generating unprecedented economic momentum. According to analysis from Grand ...
23h
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
Apple Inc. (AAPL) Retains Buy Rating as AI-Driven iPhone Upgrades Boost Revenue Prospects
We recently compiled a list of the 15 Buzzing AI Stocks Making Headlines. In this article, we are going to take a look at ...
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