Why Serve Robotics Stock Skyrocketed 55% in December

Shares of Serve Robotics (SERV -12.48%) skyrocketed 55.2% in December, according to data provided by S&P Global Market Intelligence. As 2024 drew to a close, investors seemed to be increasingly hungry for investments on the more speculative side of the spectrum, and Serve certainly fits that description.Granted, if investors are going to make a more speculative investment, they could do far worse than Serve. The robotics company does have this going for it: Its two largest investors are Nvidia and Uber Tech ...