10 Surprising Stocks That Skyrocketed Today

3. Pony AI Inc. (NASDAQ:PONY)

Pony AI snapped its three-day losing streak on Friday, jumping 13.94 percent to finish at $18.43 apiece as investors resorted to bargain-hunting following the previous days’ drop.

Earlier this week, Pony AI Inc. (NASDAQ:PONY) took a beating from news that one of its robotaxis caught fire during a routine test in Beijing, sparking investor concerns about the safety of autonomous driving technologies.

The robotaxi reportedly left the roadway and was later captured blazing.

According to Pony AI Inc. (NASDAQ:PONY), the fire detected an “abnormal status” during operation and immediately triggered its safety protection mechanism, leading the vehicle to a full stop.

Meanwhile, the company officially filed its intention to list publicly on the Hong Kong Stock Exchange, as Chinese firms seek to find a backup plan over fears that the trade war between the US and China could force their delisting from US stock exchanges.