Why Serve Robotics Stock Plunged This Week

Thanks to a Wall Street analyst cutting earnings estimates and pointing to deeper multi-year losses, shares of Serve Robotics (NASDAQ:SERV) tumbled this week. Serve Robotics stock closed at $3.49 on Friday, Oct. 16, down 25.7% from Friday, Oct. 9's close. Over the same period, the S&P 500 (SNPINDEX:^GSPC) was down 1.9%, and the Nasdaq-100 was down 4.8%. Image source: Getty Images.

CryptoAlerta — análise de criptomoedas e mercado em tempo real