Pony AI (NASDAQ:PONY – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.12) EPS for the quarter, Zacks reports. The firm had revenue of $13.98 million for the quarter.
Pony AI Stock Performance
PONY opened at $17.88 on Wednesday. The company has a fifty day moving average of $10.24. Pony AI has a 12-month low of $4.11 and a 12-month high of $23.88.
Institutional Trading of Pony AI
A hedge fund recently bought a new stake in Pony AI stock. Goldman Sachs Group Inc. acquired a new position in Pony AI Inc. (NASDAQ:PONY – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,805 shares of the company’s stock, valued at approximately $139,000.
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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