Serve Robotics Inc. is trading 9.0% up at $7.60 as the stock tracks a broad risk-on move in equities following reports of a tentative U.S.–Iran peace agreement.
- The geopolitical development has eased global oil and inflation concerns, boosting market futures and broader equity sentiment.
- The stock is rebounding after last week’s volatility, with the current move driven by macro factors rather than any company-specific news or fundamental developments.