The rise and fall of Veritone Inc. shares on Wall Street was the subject of many a story in fall 2017. Shares raced past the $56 mark from just below $8 in roughly six weeks’ time, only to start the 2018 in the mid-$23 range.
Further deceleration was seen, with a $2.17 finish seen as recently as February 3.
On Wednesday, VERI got a very big shot in the arm from investors. Its stock price is back to where it was on October 1. Could a Canadian deal be the reason, or does it have to do with Q4 2019 results due following Wednesday’s stock market close?