Pony.ai (PONY) Shares Surge Over 5% Following IPO

3 days ago

Pony.ai (PONY, Financial) saw its stock price rise over 5% in pre-market trading, reaching $12.63. The company recently debuted on the U.S. stock market on November 27, with an initial public offering of 20 million American Depositary Shares (ADS), each priced at $13. Each ADS represents one Class A ordinary share of the company.

Pony.ai is renowned as the first publicly listed Robotaxi company worldwide, offering comprehensive autonomous driving technology. Its "virtual driver" technology is adaptable to various vehicle types and scenarios, supporting Robotaxi services, autonomous trucks (Robotruck), and intelligent passenger vehicle driving (POV).

The company is a global leader in Level 4 autonomous driving technology and scale, pioneering the commercial operation of fully driverless Robotaxi services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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