Serve Robotics stock rallies on DoorDash deal: should valuation deter investors?

Core Insights - Serve Robotics Inc experienced a nearly 30% increase in stock price following the announcement of a multi-year strategic partnership with DoorDash Inc [1] Company Summary - Serve Robotics Inc is collaborating with DoorDash Inc, a San Francisco-based company, to enhance its operational capabilities through this partnership [1]