CFO Cashes In: Major Stock Sale at Serve Robotics Inc!

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2025.12.04 02:10
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Serve Robotics Inc's CFO, Brian Read, sold 2,057 shares for $20,199. The company reported a 66% increase in delivery volume and a 210% rise in revenue, driven by partnerships with DoorDash and Uber. Despite financial challenges, including a negative EBITDA of $24.9M, the company plans to deploy 2,000 robots by 2025 and aims for a 10x revenue increase by 2026. The stock is rated Neutral by Spark, with a bearish technical trend.