Algorhythm Holdings (RIME) stock price jumps in premarket as SemiCab AI freight claim keeps traders on edge
Algorhythm Holdings shares jumped 16.7% to $1.26 in premarket trading Friday after surging nearly 30% Thursday, following claims its SemiCab platform lets customers handle 300%-400% more freight without adding staff. The announcement triggered a selloff in trucking and logistics stocks, with the Russell 3000 Trucking Index down 6.6% Thursday as investors reacted to AI-driven disruption fears.
