Serve Robotics is trading 11.18% down now at $5.04 after its August 6 earnings report sharply reduced 2026 revenue guidance to $9 million-$10 million from $26 million.
- Management cited weaker-than-expected delivery volume through its Uber Eats partnership, including the removal of projected second-half demand.
- Second-quarter revenue reached $3.24 million but missed expectations, despite 404% year-over-year growth.
- The decline was company-specific; major U.S. indices were higher on August 7.