Rolls-Royce share price resumed its strong rally and jumped to its all-time high of 598p on Friday. It has jumped by over 1,500% from its 2020 lows, making it the best-performing company in the FTSE 100 index.
Rolls-Royce share price has pulled back in the past few days after the company published its financial results. After peaking at 592p on November 6, the stock has pulled back to 553p, giving it a market cap of over $61 billion.
Rolls-Royce Holdings share price continued its spectacular rally last week as it jumped to a record high of 537p. This surge means that it has risen by over 80% this year, making it a better performer than most companies in the FTSE 100 index.
Rolls-Royce (LON: RR) share price has gone parabolic this year, rising by 80%, making it one of the best performers in the FTSE 100 index. It has surged by more than 1,300% from its lowest level in 2020, when it nearly went bankrupt.
Rolls-Royce (LON: RR) share price continued its strong parabolic move this week, soaring to a record high of 530p. It has risen in the past four consecutive days, bringing the 12-month gains to 140% and the year-to-date surge to almost 80%.
Rolls-Royce (LON: RR) share price suffered a harsh reversal last week as concerns about its A350 engine emerged and as global stocks crashed. The stock peaked at a record high of 504p in August and then retreated to a low of 462p, its lowest point since August 6.
Rolls-Royce (LON: RR) share price has gotten supercharged, as investors bet that its recent momentum has more room to run. It has risen for four consecutive weeks, reaching an all-time high of 500p.
Rolls-Royce (LON: RR) share price has held steady this year, making it one of the best-performing companies in the FTSE 100 index. It has risen by over 64% this year, giving it a market cap of over £41 billion.
Richtech Robotics (NASDAQ: RR ) stock is rocketing higher on Wednesday despite a lack of news concerning the robot maker. There are no press releases or filings with the Securities and Exchange Commission (SEC) that explain why RR stock is rising today.
Serve Robotics Inc. stock surged after NVIDIA announced a small investment stake. Richtech Robotics Inc. benefits from being a sympathy play, with superior revenue and operating profit numbers compared to SERV. RR has been keeping its dilution under control, and has good enough operations and cash balance to not have to dilute to the level SERV has done since listing.
Richtech Robotics Inc. experienced a brief spike in its share price following positive news of a major deal with Ghost Kitchens. The successful installation of its product at the first of 240 locations indicates promising returns over the next year or two. Richtech focuses on markets like the hospitality industry where there are serious labor shortages.
Richtech Robotics (NASDAQ: RR ) stock is rocketing higher on Monday after the company announced the installation of its ADAM artificial intelligence (AI) robot at a Ghost Kitchens location. This installation took place at the Ghost Kitchens restaurant inside the Dawsonville, Ga.