Streetbeat News

PRST

Presto Automation, Inc.

Industry

Software - Application

Presto Automation, Inc. provides labor automation technology solutions in the hospitality industry. The company offers a platform of voice, vision, and touch solutions, which increase staff productivity and improve the guest experience. Presto Automation, Inc. was incorporated in 2008 and is headquartered in San Carlos, California.

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Broader technology stocks are experiencing a downturn as investors potentially engage in profit-taking after a recent market rally.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:36 pm

Jefferies analyst Samad Samana has initiated coverage on Presto Automation (NASDAQ:PRST) with a Hold rating and set a price target of $0.62.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 1:03 pm

Nathan Cook resigned as Interim CFO of Presto Automation on December 13, and the Board appointed Stanley Mbugua as the new Interim CFO on December 14, 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 6:56 pm

In Tuesday's after-market session, several information technology stocks experienced notable movements. Blend Labs (BLND) led the gainers with a 9.1% increase, while Saverone 2014 (SVRE) headed the losers with a 9.2% decline. Other gainers included Red Cat Holdings (RCAT), Wrap Technologies (WRAP), Inuvo (INUV), Sobr Safe (SOBR), and ReAlpha Tech Corp (AIRE). Losers comprised Presto Automation (PRST), Digital Ally (DGLY), inTest (INTT), LightPath Technologies (LPTH), and Powerbridge Technologies (PBTS). Market capitalizations were also highlighted for each company.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 9:31 pm

Northland Capital Markets analyst Michael Latimore has initiated coverage on Presto Automation (NASDAQ:PRST) with an Outperform rating and set a price target of $2 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:47 pm

Presto Automation is actively pursuing the collection of up to $11.1 million in non-dilutive cash that was awarded to the company by XAC in a Singaporean legal ruling.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:33 pm

In Monday's after-market session, GitLab (GTLB) saw a significant increase of 15.3% in stock price following their Q3 earnings report. Other gainers included Presto Automation (PRST), Soluna Holdings (SLNH), Mercurity Fintech Holding (MFH), Meta Materials (MMAT), and Turtle Beach (HEAR). Conversely, Sonic Foundry (SOFO) led the losers with an 18.0% drop, followed by declines in SilverSun Technologies (SSNT), GSE Systems (GVP), Powerbridge Technologies (PBTS), Minim (MINM), and BIO-key Intl (BKYI).

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 9:31 pm

In Monday's pre-market session, SilverSun Technologies (SSNT) saw a significant rise of 209.5%, while WiSA Technologies (WISA) and Marathon Digital Holdings (MARA) also experienced notable gains. Conversely, One Stop Systems (OSS), BIO-key Intl (BKYI), and T Stamp (IDAI) were among the stocks that fell sharply.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:06 pm

Presto Automation (NASDAQ:PRST) has appointed Kat Hoffman-Flynt as Chief Operating Officer, effective immediately. With over 20 years of experience, she has been with Presto since 2019 and has previously held executive roles at Gordon Biersch Brewery Restaurants and CraftWorks Restaurants & Breweries, Inc. Her focus will be on overseeing operations and ensuring the company meets its goals while delivering excellence to customers.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:03 pm

In Monday's pre-market session, several information technology stocks showed significant movement. Gainers included Sobr Safe (SOBR) with a 20% increase, Perfect (PERF) up by 16.79%, and Cyngn (CYN) rising 14.33%. On the losing side, Quantum Computing (QUBT) fell by 9.1%, Auddia (AUUD) by 9.05%, and Blackboxstocks (BLBX) by 6.59%. Other notable movements were seen in Saverone 2014 (SVRE), Presto Automation (PRST), My Size (MYSZ), Datasea (DTSS), SPI Energy (SPI), and Oblong (OBLG).

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:06 pm

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