Veritone Vaults Ahead On Positive ‘AI’ Report


Veritone Media shares soared by nearly 50% on very heavy volume of 1 million shares in Monday’s trading.

The rebound for the company’s stock comes following a Friday report at that notes artificial intelligence — the key focus of Veritone’s efforts — is getting a lot smarter.

Meanwhile, Saga Communications enjoyed a positive start to the trading week, with shares climbing 2.3%, to $40.55.

Also up: iHeartMedia, which saw a 2.3% gain of its own, to $1.80.

On the flip side, Cumulus Media saw its shares slump 6.7%, to 42 cents.

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