Home Financial Markets Auddia Inc. (AUUD) shares skyrocketed on Monday, but Why?

Auddia Inc. (AUUD) shares skyrocketed on Monday, but Why?

Auddia Inc. (AUUD) stock started the new week trading by skyrocketing 43.66% in the morning session on Monday, June 28, 2021, and closed the session at $5.89 per share. it continued its momentum in the after-hours session and further gained 10.87% and closed the day at $6.53 per share. AUUD shares have gained 98.99% over the past three months. The company has a current market of $60.08 million and its outstanding shares stood at 11.29 million.

>> 7 Top Picks for the Post-Pandemic Economy << 

Let’s try to find out was there any reason behind AUUD exceptional surge on Monday?


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


New Audio Content Processing Methodology

On June 22, 2021, Auddia Inc announced a major advancement in its proprietary technology at the core of its Artificial Intelligence engine.

The new AI processing methodology will provide near real-time data processing capabilities which are expected to improve the overall performance of the Auddia platform

Auddia will reduce the costs of processing audio content for AI training and validation to near zero and concurrently realize vastly superior improvements in accuracy by leveraging precise audio and metadata from radio stations.

Read More

Participation in the recent conferences

Auddia Inc recently participated at Summer Solstice – Best Ideas from the Buy-Side conference, which held virtually on June 1st – 4th, 2021. The company was presented by the founder and executive chairman, Jeff Thramann.

Auddia Inc was also presented itself at the Benzinga Global Small-Cap Conference which took place on May 13-14, 2021.

The company also took part in the Q2 Virtual Investor Summit which held on May 17-18, 2021. The company was presented by Jeff Thramann.

Second broadcast radio partnership with Amaturo Sonoma Media

On April 28, 2021, Auddia Inc announced its second broadcast radio partnership with Amaturo Sonoma Media LLC (ASMG or Sonoma Media). Sonoma Media owns and operates five top-rated radio stations in addition to Northbay biz Magazine. The partnership expands Auddia’s landmark pilot, which marks the first time radio broadcasters will be promoting a subscription-based commercial-free premium listening experience to over-the-air listeners, to reach over 300,000 radio listeners every month.

New CFO appointment

On April 14, 2021, Auddia Incappointed Brian Hoff to the role of Chief Financial Officer. Mr Hoff is replacing Rick Liebman, who will remain with the Company in a transition capacity through April 30, 2021.

>> 7 Top Picks for the Post-Pandemic Economy << 

Conclusion

Well, as of this writing there is no recent news or development which could justify its top-notch performance on Monday. We hope that AUUD stock will continue to prosper more in the coming days.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Tonix Pharmaceutics Holdings Inc. (TNXP) stock gains during current market. What’s driving it high?

Tonix Pharmaceuticals Holdings Inc. (TNXP) stock gains by 2.81% in the current market trading session. Tonix is a clinical-stage biopharmaceutical business dedicated on finding,...

Intec Pharma Inc. (NTEC) stock declines during current market after a massive upraise. What’s happening?

Intec Pharma Inc. (NASDAQ: NTEC) stock drops by 7.88% during the current market trading session. Intec Pharma is a clinical-stage biopharmaceutical firm specializing in...

Related News

Relmada Therapeutics Inc. (RLMD) stock is plunging in the current trading session; What’s going on?

In the current trading session, Relmada Therapeutics Inc. (RLMD) stock shares are plunging by -5.97%. The current trading price is at $23.62 in the...

Helix Energy Solutions Inc. (HLX) stock fell during pre-market. What’s behind this decline?

Helix Energy Solutions Group Inc. (HLX) stock gained by 4.54% at the last close whereas the HLX stock price plunged by 6.72% in the...

Here is why Range Resources Corporation (RRC) stock plummeted in the after-hours on Monday?

Range Resources Corporation (RRC) shares lost 6.50% in after-hours on Monday, July 26, 2021, and close the daily trading at $14.95. in the regular...

ATI Physical Therapy Inc. (ATIP) stock declines during current market trading. Here’s the recent development.

ATI Physical Therapy Inc. (ATIP) stock plunged by 36.45% in the current market trading session. ATI is leading the market by creating quality standards...

Meten Edtechx Ltd. (METX) stock declines during pre-market trading given no current news

Meten Edtechx Ltd. (METX) stock plunged by 29.42% at the last close while the METX stock price fell by 8.64% in the pre-market trading...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam