Serve Robotics Inc (SERV) shares plunge 6.36% amid profit-taking and robotics sector selloff on Jan 27 2026

Serve Robotics Inc (SERV) shares plunged 6.3579% in pre-market trading on Jan 27, 2026, marking one of the largest intraday declines for the stock in recent months. The selloff followed a similar downturn the previous day when the stock dropped 4.2% mid-session to a low of $12.12 before partial recovery

Recent market activity suggests growing investor caution around the company's near-term prospects. The two-day decline reflects a combination of profit-taking by short-term traders and broader sector-wide weakness in robotics equities. Analysts note the stock's recent volatility may be linked to evolving investor sentiment toward AI-driven automation companies ahead of key earnings reports

While no company-specific announcements triggered the selloff, technical indicators show the stock has broken below critical support levels. This has raised concerns about potential follow-through selling, particularly as institutional ownership remains relatively concentrated in the sector. Market participants are now closely watching for catalysts that could stabilize the stock's downward momentum