Barclays PLC acquired a new stake in Pony AI Inc. (NASDAQ:PONY - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 14,782 shares of the company's stock, valued at approximately $212,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pinpoint Asset Management Ltd acquired a new position in Pony AI in the 4th quarter valued at about $108,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Pony AI during the 4th quarter worth approximately $281,000. Ovata Capital Management Ltd acquired a new stake in Pony AI during the 4th quarter worth approximately $538,000. Matthews International Capital Management LLC purchased a new position in Pony AI in the 4th quarter worth approximately $1,654,000. Finally, Alliancebernstein L.P. purchased a new position in Pony AI in the 4th quarter worth approximately $3,354,000.
Pony AI Stock Down 5.8%
NASDAQ PONY traded down $1.00 on Thursday, reaching $16.17. The company had a trading volume of 4,774,519 shares, compared to its average volume of 5,664,996. The firm's 50-day moving average is $9.92. Pony AI Inc. has a 1 year low of $4.11 and a 1 year high of $23.88.
About Pony AI
(
Free Report)
Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People's Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People's Republic of China.
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