Why Did Serve Robotics Stock Rocket Over 25% Higher This Week?

Serve Robotics expects to increase revenue by 10 times next year.Serve Robotics (SERV +10.51%) stock has been up and down this year. After hitting a 2025 high of about $23 per share, it tanked as low as almost $5. Serve shares now trade at around $13 per share after a 26.7% surge this week as of Friday morning, according to data provided by S&P Global Market Intelligence.This week's move came after reports surfaced that Commerce Secretary Howard Lutnick has said the Trump administration is focusing on accel ...