From Yahoo Finance: 2025-05-24 06:15:00

Pony AI Inc. (PONY) saw its share prices drop by 15.44 percent to $17.41 apiece as investors took profits after a surge. The company reported an 80 percent wider net loss of $37.4 million, citing investments in Generation 7 vehicles, IPO expenses, and increased employee compensation. Revenues grew by 12 percent to $14 million, driven by a 200 percent increase in Robotaxi services. In partnership news, Pony AI Inc. joined forces with Uber Technologies Inc. to expand robotaxis in the Middle East and deepen global market expansion. PONY ranks fourth on the list of worst-performing stocks.

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