Red Cat shares are trading higher after the company announced it has completed the second phase of its artificial intelligence and computer-vision partnership with Athena AI.
Portfolio Pulse from Benzinga Newsdesk
Red Cat Holdings has completed the second phase of its artificial intelligence and computer-vision partnership with Athena AI, leading to a surge in its share prices.
June 20, 2023 | 6:38 pm
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POSITIVE IMPACT
Red Cat's completion of the second phase of its partnership with Athena AI has led to an increase in its share prices.
The completion of the second phase of Red Cat's partnership with Athena AI demonstrates progress in their collaboration, which is a positive development for the company. This news has directly led to an increase in Red Cat's share prices, indicating a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100