Freight Technologies (NASDAQ: FRGT) Stock Skyrockets on AI Upgrades and Key Deals – Is the Rally Just Beginning?
FRGT shares jumped about 57% at the Oct. 28 open after closing at $1.23 the previous day, following new product launches including expanded GPS integration and an AI invoice module. The stock remains down roughly 84% year-over-year. CEO Javier Selgas highlighted recent tech upgrades and new partnerships. Analysts cite ongoing sector weakness and forecast continued volatility for FRGT.