Streetbeat News

SERV

Serve Robotics Inc.

https://www.serverobotics.com

Industry

Industrial - Machinery

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.

Open

7.32

Mkt cap

436M

Volume

6.2M

High

7.73

P/E Ratio

-7.16

52-wk high

24.35

Low

7.29

Div yield

N/A

52-wk low

1.77

Intuitive Surgical, Inc. (NASDAQ:ISRG) shares rose 6.7% in pre-market trading after reporting better-than-expected Q2 financial results. Other notable pre-market movers include Serve Robotics Inc. (NASDAQ:SERV), Hawaiian Electric Industries, Inc. (NYSE:HE), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD).

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 9:37 am

Serve Robotics Inc. (NASDAQ:SERV) has expanded its delivery operations into Koreatown, Los Angeles, and extended its lidar supply agreement with Ouster, Inc. (NYSE:OUST) to equip 2,000 robots with upgraded sensors.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:18 pm

Serve Robotics has expanded its delivery service to Koreatown, Los Angeles, and extended its supply agreement with Ouster to equip 2,000 robots with upgraded lidar hardware, supporting the scaling of its robotic fleet.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:17 pm

The article highlights the performance of 12 consumer discretionary stocks during Thursday's after-market session. Notable gainers include Sacks Parente Golf (SPGC), Smith & Wesson Brands (SWBI), and Lobo EV Technologies (LOBO). On the losing side, MGO Global (MGOL) and Zapp Electric Vehicles (ZAPP) saw significant declines.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:31 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Thursday. Notable gainers include Connexa Sports Techs (YYAI), China Liberal Education (CLEU), Digital Brands Group (DBGI), Serve Robotics (SERV), Selina Hospitality (SLNA), and Greenlane Holdings (GNLN). On the losing side, Kaival Brands Innovations (KAVL), Linkage Global (LGCB), Conn's (CONN), AYRO (AYRO), QuantaSing Group (QSG), and SRIVARU Holding (SVMH) saw declines.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 12:06 pm

Serve Robotics has filed a prospectus with the SEC to register and allow the resale of up to 4.8 million shares of its common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 9:24 pm

Serve Robotics (NASDAQ:SERV) has announced the deployment of DriveU.auto's connectivity platform to enhance the performance of its autonomous delivery robots. This move supports Serve's goal to deploy up to 2,000 robots on the Uber Eats platform.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:25 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Friday. Notable gainers include Gap (GPS), Faraday Future (FFIE), Raytech Holding (RAY), Selina Hospitality (SLNA), Serve Robotics (SERV), and Polestar Automotive (PSNY). On the losing side, EpicQuest Education Group (EEIQ), Boqii Holding (BQ), Yoshitsu Co (TKLF), Sacks Parente Golf (SPGC), Jeffs Brands (JFBR), and Yatra Online (YTRA) saw declines.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 12:06 pm

Shares of American Eagle Outfitters (NYSE:AEO) fell 4.5% after reporting first-quarter earnings that missed analyst estimates. Other notable stock movements include Cue Health (NASDAQ:HLTH) jumping 100.7% after filing for Chapter 7 bankruptcy, and Smart for Life (NASDAQ:SMFL) rising 57% following a restructuring program. Faraday Future (NASDAQ:FFIE) rose 51% despite poor fiscal year results and Nasdaq filing issues. Foot Locker (NYSE:FL) gained 25.9% after beating first-quarter earnings, while Salesforce (NYSE:CRM) fell 20.1% due to weak guidance despite upbeat earnings.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 5:48 pm

The article highlights significant intraday movements in consumer discretionary stocks. Faraday Future, Petco Health and Wellness, Jeffs Brands, Foot Locker, Rent the Runway, and Serve Robotics saw notable gains, while Kohl's, LightInTheBox Holding, Kaival Brands Innovations, Naas Technology, Build-A-Bear Workshop, and Fitell experienced declines. Earnings reports were a key driver for several stocks.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:33 pm

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