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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.
Pony.ai Shares Fall After Nasdaq Debut
Shares of China-based autonomous driving company Pony.ai were up around 19% in early trading Wednesday after the company made its Nasdaq debut.
Pony.ai Lists on Nasdaq
Pony.ai, a global leader in autonomous driving technology, today listed on the Nasdaq Global Select Market (NASDAQ: PONY) and cele
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 $5.25 billion, in an indication of a positive investor approach to China-based firms.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($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,
Chinese self-driving car firm Pony.ai sees shares fall 7.7% in direct listing debut
Pony.ai is one of the few companies with a Chinese background that has taken a similar approach to Waymo, Google’s self-driving car project.
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 valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
1d
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 ...
1d
on MSN
Pony AI stock price: Chinese autonomous car company’s Nasdaq IPO will be closely watched today
The firm, which has headquarters in Silicon Valley and Guangzhou, China, makes tech that can turn cars into self-driving ...
19h
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 ...
22h
Pony AI raises $413M in Nasdaq IPO as shares close below initial listing price
Shares in Pony AI ADR closed down $1 today after the Chinese autonomous vehicle startup raised approximately $413 million in ...
21h
Pony AI Stock Falls Over 7% After IPO Pricing At $13, Rebounds Nearly 3% In After Hours
Pony AI Inc debuted on the Nasdaq Global Select Market today, pricing its initial public offering at $13 per ADS. The ...
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