Serve Robotics (NASDAQ: SERV ) stock gained 40% yesterday and is currently up about 5% this morning. However, the stock is experiencing some very volatile trading this morning.
Nvidia has invested in a handful of stocks over the past year, including Arm Holdings and SoundHound AI. According to a July 18 regulatory filing, Nvidia added to its position in little-known upstart Serve Robotics.
Serve Robotics (NASDAQ: SERV ) stock is falling on Tuesday after the food delivery robot company priced a private offering for its shares. Serve Robotics is selling 2.5 million pre-funded warrants for SERV stock for $6 each.
After gaining nearly 190% on Friday, Serve Robotics (NASDAQ: SERV ) stock is up another 50%-plus this morning. Last week, the huge rally in shares was sparked by a disclosure from Nvidia (NASDAQ: NVDA ) that it had obtained a relatively small stake in the robotics startup.
Serve Robotics (NASDAQ: SERV ) stock is rising higher on Monday as the food delivery robotics company continues to rally thanks to Nvidia (NASDAQ: NVDA ). Shares of SERV stock are gaining after Nvidia revealed a stake in the company.
Serve Robotics (NASDAQ: SERV ) stock is up a staggering 187% today after Nvidia (NASDAQ: NVDA ) disclosed a new investment into the company. Nvidia purchased 62,500 shares of the robotics company for $4 each last July, per a Securities and Exchange Commission (SEC) filing released Thursday.
Shares of Serve Robotics (SERV) surged on Friday after Nvidia (NVDA) reported a 10% stake in the delivery technology company, making it the latest upstart to get a boost from the AI giant's halo effect.
Serve Robotics (NASDAQ: SERV ) stock is on the rise Friday as the self-driving delivery robots maker sees heavy trading of its shares this morning. This has more than 5.4 million shares of SERV stock changing hands as of this writing.