Serve Robotics Inc. (SERV): Recent Price Surge and Strategic Dev

As of December 13, 2024, Serve Robotics Inc. (NASDAQ: SERV) closed at $13.08 per share, reflecting a 15.34% increase from its previous closing price. The stock experienced a day range between $10.80 and $13.12, with a trading volume of 8.59 million shares. It has been showing strong momentum, with a 56.46% increase over the past month and a remarkable 478.76% growth over the last six months​

Recent Events:

Corporate Expansion: Serve Robotics is scaling operations with a focus on autonomous sidewalk delivery, including a partnership with Uber and new market expansion plans.

Strategic Appointments: Recently, Lily Sarafan joined the company's Board of Directors, and Anthony Armenta became Chief Software and Data Officer​
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Acquisition: The company has acquired Vebu to diversify its offerings, including automation solutions for the restaurant industry​

These developments have fueled investor confidence, contributing to SERV's recent stock performance.

Disclaimer: Not Financial Advice, Only for Research Purposes.