About 3 months ago I stumbled upon a stock that I decided to keep my eye on it. ( I do not invest at moment being a fresh graduate with no money to throw around so I just analyze stock from day to day to get practice).
The company veritone (VERI) went public starting at $14 per share (found it around $11.30). Dropped down to $7.80 and all of the sudden over the span of a month it has risen to $46.00 per share.
Is is because of the speculation of their AI tech that their market is rising so much and those with Big money are investing a lot into the company?
The company was quite a bit in the negative last quarter about -12% on their total revenue. Honestly, if someone can explain a bit whats going on, I would absolutely appreciate it.
Submitted September 19, 2017 at 11:41PM by shearsy13 http://ift.tt/2ycrEzt
