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How did Agility Robotics perform on its first day on the stock market?

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How did Agility Robotics perform on its first day on the stock market?

Agility says its Digit 5 humanoids can lift up to 50 lb. | Source: Agility Robotics

Earlier today, Agility Robotics began trading on the Nasdaq Stock Market under the ticker “AGLT.” The company claimed that it is “the first pure-play legged humanoid company to go public.”

Agility started the day trading at $11.26 per share, above the initial $10 per share price used in the SPAC deal. It was a day of ups and downs, as it was for many tech stocks. It hit its lowest price at $8.40, and its highest at $12.15.

The company ended up closing the day trading slightly above (2%) where it had started, at $11.49. Other pure-play robotics providers did not fare so well.

Serve Robotics, another publicly traded robotics company that offers sidewalk delivery robots, ended down 12.45%. Surgical robotics leader Intuitive Surgical ended down 2.82%. Symbotic, which provides end-to-end warehouse automation, ended down 2.47%. In addition, PROCEPT BioRobotics Corp., which provides robotic aquablation therapy, ended down 6.42%.

While Unitree, another humanoid robotics provider, doesn’t trade on the Nasdaq, it is public on the Shanghai Stock Exchange’s STR Market. It’s one of the only other publicly traded humanoid robot providers.

46) that day. Just a few weeks after debuting on the market, it was down almost 53% from its first-day high. The company is still working to climb back up to those numbers.



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