Streetbeat News

PRST

Presto Automation, Inc.

https://presto.com

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.

Open

0.00

Mkt cap

1M

Volume

147K

High

0.00

P/E Ratio

N/A

52-wk high

1.24

Low

0.00

Div yield

N/A

52-wk low

0.00

Presto Automation, Inc. (NASDAQ:PRST), a leading AI and automation technology provider for the restaurant industry, announced a registered direct offering of 4.8 million shares at $0.25 per share, above the Nasdaq minimum price. The offering, facilitated by Chardan as the sole placement agent, is expected to close by March 18, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 2:45 pm

U.S. stocks traded higher following the release of Producer Price Index (PPI) data, showing a 0.6% increase in February, surpassing expectations. Energy shares led gains, while real estate lagged. Notable movements included Presto Automation Inc. (PRST), Aptorum Group Limited (APM), and WiMi Hologram Cloud Inc. (WIMI) trading up, whereas Spruce Biosciences, Inc. (SPRB), Fisker Inc. (FSR), and Immuneering Corporation (IMRX) traded down.

Portfolio Pulse from Avi Kapoor

March 14, 2024 | 1:46 pm

In Thursday's pre-market session, 12 Information Technology stocks showed significant movements. Presto Automation, CCSC Technology, Turtle Beach, Auddia, BigBear.ai Hldgs, and MicroCloud Hologram were among the gainers, with Presto Automation leading with a 57.8% increase. On the downside, Pagaya Techs, Enfusion, Verb Tech, SentinelOne, CXApp, and Applied Optoelectronics experienced declines, with Pagaya Techs dropping 15.5%. Notably, Turtle Beach, Enfusion, and SentinelOne's movements were influenced by their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

Robinhood Markets, Inc. (NASDAQ:HOOD) shares rose by approximately 12% in pre-market trading after announcing an increase in total funded customers to 23.6 million in February. Other stocks also showed significant movement in pre-market trading, with notable gainers including ShiftPixy, Inc. (NASDAQ:PIXY) and losers such as Spruce Biosciences, Inc. (NASDAQ:SPRB).

Portfolio Pulse from Avi Kapoor

March 14, 2024 | 12:05 pm

In Wednesday's after-market session, several Information Technology stocks showed significant movement. Presto Automation (PRST) led the gainers with a 50.1% increase, while SentinelOne (S) experienced the largest drop among the losers, declining by 11.4%. Notably, Turtle Beach (HEAR) and SentinelOne (S) released their Q4 earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 9:32 pm

Asana, Inc. (ASAN) shares fell by 11% following soft FY25 revenue guidance, despite beating quarterly earnings and sales estimates. Other stocks showed significant movement, with ClearOne, Inc. (CLRO) and Regulus Therapeutics Inc. (RGLS) among the top gainers, while BYND Cannasoft Enterprises Inc. (BCAN) and Simpple Ltd. (SPPL) led the losers. The market saw a mix of positive and negative financial results, strategic moves, and guidance updates.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 6:07 pm

In Tuesday's pre-market session, several Information Technology stocks showed significant movement. Notably, Phunware, Viant Technology, BigBear.ai Holdings, Casa Systems, Cipher Mining, and Dave reported gains, with Phunware leading at a 20.0% increase. Conversely, GitLab, SEMrush Holdings, Presto Automation, SmartRent, Wetouch Technology, and Argo Blockchain experienced declines, with GitLab seeing the largest drop of 20.8%. The movements were largely attributed to the release of Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:09 pm

Earnings reports for March 5, 2024, include a mix of expected quarterly losses and earnings from various sectors. Notable companies like NIO, Target, and Nordstrom are among those reporting. The reports span across different industries, including automotive, retail, biotech, and technology, indicating a broad market impact.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 10:00 am

In Monday's after-market session, several Information Technology stocks showed significant movement. Viant Technology, Phunware, CommScope Holding Co, Casa Systems, Sonim Technologies, and Intrusion experienced gains, with Viant Technology leading at an 8.9% increase following their Q4 earnings report. Conversely, GitLab, SEMrush Holdings, ARB IOT Group, MicroStrategy, Presto Automation, and inTest faced declines, with GitLab dropping 11.6% after their Q4 earnings announcement.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

In Thursday's intraday session, several information technology stocks experienced significant movements. CXApp, Vertex, Inseego, GSI Technology, C3.ai, and Pure Storage were among the gainers, with notable increases in their stock prices following recent earnings reports. Conversely, LivePerson, Endava, CommScope Holding Co, Presto Automation, Snowflake, and MagnaChip Semiconductor were among the losers, with substantial decreases after their earnings announcements.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 5:31 pm

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