Veritone Rebounds, Cumulus Dips In Monday Activity


U.S. financial markets surged on Monday, with the Dow Jones Industrial Average soaring 152.51, to 22,557.60, and the Nasdaq Composite index rising 20.76, to 6,516.72.

Among the key gainers was Veritone Inc., rebounding 9.4%, to $49.71, after a topsy-turvy end to a fiery September for the AI tech company. The gain came on news that Veritone on Monday signed an expanded, two-year agreement with iHeartMedia.

IHRT shares were unchanged at $1.55.

Meanwhile, Cumulus Media continued its recent struggles on Wall Street, slipping another 3.1% to finish at 31 cents.

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