Cyngn Shares Eye $1.43 Level as Deployments Go Up, Losses Persist
Cyngn Inc. finished Friday at $1.43, a 2.1% gain, but the move did little across the week. The autonomous-vehicle software stock, thinly traded on Nasdaq, remains just above its 52-week low with the U.S. market closed for a long break. After-hours, the last quote showed $1.41. U.S. markets are closed Monday for Memorial Day, according to Nasdaq’s holiday schedule. Regular hours—9:30 a.m. to 4:00 p.m. Eastern—will resume after the break. So Cyngn’s next session in the cash market is pushed to Tuesday.