Stock summary: Palladyne AI surged by 271.28% in the past five days

Palladyne AI Corp. saw a surge in its stock price over the past five days, closing at $11.77 on December 27, marking an explosive gain of $8.60 (271.28%).

By Priya Berry Published on December 28, 2024, 12:30 EDT

Here’s how the Palladyne AI’s stock performed in this week:

Palladyne AI Corp. saw a surge in its stock price over the past five days, closing at $11.77 on December 27, marking an explosive gain of $8.60 (271.28%). The stock opened at $8.54, reaching a high of $14.05 before dropping to a low of $8.25 during the session.

In after-hours trading, Palladyne AI’s stock continued its upward momentum, climbing to $12.50, a gain of $0.73 (6.20%). This dramatic rise comes as investors show strong enthusiasm toward the company’s potential growth in the AI sector.

However, the company’s market capitalization currently stands at ₹35.44 crores, reflecting its emerging position in the market.

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.

Palladyne AI