Cyngn Shares Were Up By More Than 50%: What's Going On
Cyngn Shares Were Up By More Than 50%: What's Going On
Shares of Cyngn Inc. (NASDAQ:CYN) moved higher Monday potentially following significant announcements last week. Here's what you need to know.
Cyngn Inc.（納斯達克股票代碼：CYN）的股價週一上漲，這可能是繼上週發佈重要公告之後。以下是你需要知道的。
What happened: Last week, Cyngn received a notice of allowance for its 21st U.S. patent, introducing an adaptive decision-making method to enhance AV operations. This milestone underscores Cyngn's dedication to advancing autonomous vehicle technology, building on its 16 U.S. patents secured in 2023.
發生了什麼：上週，Cyngn收到了批准其第21項美國專利的通知，該專利引入了一種自適應決策方法來增強自動駕駛運營。這一里程碑突顯了Cyngn在2023年獲得的16項美國專利的基礎上致力於推進自動駕駛汽車技術的發展。
Additionally, Cyngn announced the expansion of its dealer network to include Alta Equipment Group, which will sell Cyngn's autonomous DriveMod Tugger. This partnership leverages Alta's extensive dealer coverage across North America, enhancing the distribution and adoption of Cyngn's self-driving industrial vehicles.
此外，Cyngn宣佈擴大其經銷商網絡，將阿爾塔設備集團包括在內，該公司將出售Cyngn的自動駕駛DriveMod Tugger。該合作伙伴關係利用了Alta在北美的廣泛經銷商覆蓋範圍，加強了Cyngn自動駕駛工業車輛的分銷和採用。
What Else: The company's shares have experienced significant volatility, being halted multiple times due to substantial price movements. In the most recent quarter, Cyngn reported a loss per share of $8, compared to an estimated loss of $13. Revenue came in at $5,513, significantly below the estimates of $360,000. For the upcoming quarter, analysts estimate a loss per share of $8 and revenue of $540,000.
還有什麼：該公司的股票經歷了巨大的波動，由於價格大幅波動，多次停牌。在最近一個季度中，Cyngn報告的每股虧損爲8美元，而估計的虧損爲13美元。收入爲5,513美元，大大低於預期的36萬美元。分析師估計，下個季度的每股虧損爲8美元，收入爲540,000美元。
CYN Price Action: Cyngn shares were up by 52.3% at $9..17 at the time of writing, according to Benzinga Pro.
CYN價格走勢：根據Benzinga Pro的數據，在撰寫本文時，Cyngn股價上漲了52.3％，至9.17美元。
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Photo by solarseven on Shutterstock.
照片由 solarseven 在 Shutterstock 上拍攝。