Symbotic Inc. (SYM.O), a leading provider of robotic systems, saw its stock price soar by 9.71% on Monday during the trading session. This surge in stock price comes just ahead of the highly anticipated CES 2025 event, where companies showcase their latest innovations in technology and electronics.

The rally in Symbotic's stock can be attributed to the growing excitement and anticipation surrounding the robotics and automation industry. As reported, several small-cap robotics companies, including Symbotic, witnessed a significant increase in trading volume and stock prices on Monday.

Industry analysts believe that the upcoming CES 2025 event, which runs from January 7th to 10th, will likely feature various advancements and announcements related to robotics and autonomous technologies. This has fueled investor optimism and driven up the share prices of companies operating in this space, including Symbotic Inc.