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Richtech Robotics Inc. Class B Common Stock

https://www.richtechrobotics.com

Industry

Industrial - Machinery

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers. It primarily serves restaurants, hotels, casinos, senior living centers, factories, and retail centers, as well as hospitals, and movie theaters. The company was formerly known as Richtech Creative Displays LLC and changed its name to Richtech Robotics Inc. on June 22, 2022. Richtech Robotics Inc. was incorporated in 2016 and is headquartered in Las Vegas, Nevada.

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Richtech Robotics Inc. (NASDAQ:RR) shares have surged nearly 90% over the past five days, driven by the installation of its ADAM humanoid drink robot at a Walmart location and a teaser for a new product. The stock is experiencing heavy trading volume, but its RSI indicates overbought conditions.

Portfolio Pulse from Erica Kollmann

August 26, 2024 | 3:41 pm

U.S. stocks rose with the Dow Jones gaining 100 points. PDD Holdings reported weaker-than-expected revenue, causing its shares to drop 24%. Energy shares climbed, while consumer discretionary shares fell slightly. Medirom Healthcare, Prestige Wealth, and Richtech Robotics saw significant stock price increases.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 1:41 pm

Richtech Robotics has released a teaser video on X, hinting at a significant upcoming announcement. The company has not disclosed details, but the promotional content suggests a major development.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:01 pm

Richtech Robotics Inc. (NASDAQ:RR) shares surged 43% after announcing the installation of its ADAM humanoid drink robot at a Walmart in Rockford, Illinois. This marks the second installation in a planned rollout across 240 One Kitchen locations in the U.S., potentially generating new revenue streams.

Portfolio Pulse from Erica Kollmann

August 20, 2024 | 6:22 pm

Richtech Robotics shares are trading higher following the announcement of the installation of its first humanoid drink robot, ADAM, at One Kitchen in Illinois.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:55 pm

Richtech Robotics has installed its humanoid drink robot, ADAM, at a One Kitchen in Rockford, IL Walmart, marking the first such installation in the state. This is part of a 240-location rollout across the U.S., integrating with the company's new venture, AlphaMax Management.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:52 pm

Richtech Robotics has teased an upcoming announcement on social media, hinting at a new development or product. The company posted on X, 'Something new is coming!!! Can you guess what?'

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:07 pm

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all posting gains. Walt Disney Co reported better-than-expected earnings, while shares of Aditxt, G1 Therapeutics, and Richtech Robotics surged. Scorpius Holdings, Expion360, and Talis Biomedical saw significant declines.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 2:38 pm

Fortinet shares surged 17% in pre-market trading after reporting better-than-expected Q2 results and issuing strong guidance. Other notable pre-market movers include Richtech Robotics, Lumen Technologies, and Upstart Holdings, among others.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 10:04 am

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