Tiny AI Drone Technology Company Surges 1,000% in Two Days
A drone using Swarmer’s artificial intelligence technology.
Source: Swarmer Inc.
Artificial intelligence drone software maker Swarmer Inc.’s shares have surged 1,000% in two days, making it the best debut for a US stock in nearly a year.
The Austin, Texas-based company’s shares closed up 77% to $55.00 on Wednesday, after closing up 520% on Tuesday. It is now the best showing for a newly listed stock since Newsmax Inc.’s 2,230% two-day gain last year.