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Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.
Richtech Robotics stated on Friday that its previously issued financial statements for certain periods require restatement because of errors.
Richtech Robotics (NasdaqCM:RR) is facing multiple securities class action lawsuits over allegations that it misrepresented the nature of its relationship with Microsoft. Microsoft has reportedly said the engagement is limited to a standard customer program, not a broader commercial partnership. Law firms are seeking shareholders to act as lead plaintiffs, with regulatory attention increasing as key filing deadlines approach. For investors watching Richtech Robotics at a share price of...
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