Richtech Robotics stock steadies premarket after 45% surge on Microsoft agentic AI tie-up
Richtech Robotics shares rose 0.2% to $5.52 in premarket trading Wednesday after surging 44.6% on news of a partnership with Microsoft’s AI Co-Innovation Labs. The company said it will use Microsoft’s technology to add autonomous AI features to its ADAM robot. Trading volume spiked Tuesday as investors watched for signs the rally would hold at the open. Financial terms of the deal were not disclosed.