Tiny AI Drone Technology Company Surges 1,200% in Two Days

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The AI Race:A drone using Swarmer’s artificial intelligence technology.Source: Swarmer Inc.Artificial intelligence drone software maker Swarmer Inc.’s shares have surged more than 1,200% in two days, making it the best market entry for a US stock in nearly a year.The Austin, Texas-based company’s shares soared nearly 110% to $65.04 on Wednesday, after closing up 520% on Tuesday. It is now the strongest show from a debuting stock since Newsmax Inc.’s 2,230% two-day gain last year.