Cyngn Inc. (CYN) rose 12.36% to $6.18, up $0.68, following the deployment of its DriveMod autonomous vehicle system at G&J Pepsi, the largest independent Pepsi bottler in the U.S.
The company said the deployment strengthens its commercial presence in industrial automation.
The stock opened at $6.73, hit a high of $7.44 and a low of $5.30, versus a previous close of $5.50. It trades on the NASDAQ, with a volume of 21.8M shares, sharply above its average. The 52-week range is $0.31 to $7.44.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.