Algorhythm Holdings stock jumps about 30% after-hours after SemiCab AI freight report
Algorhythm Holdings (RIME) jumped about 30% to $1.08 in after-hours trading Thursday after releasing a white paper on its SemiCab logistics platform. The report claimed customers scaled freight volumes by up to 400% without more staff. Shares of Landstar System and C.H. Robinson fell over 14% as investors reacted to potential AI disruption in logistics. RIME’s market value stands near $6 million.