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News  ›  The Motley Fool

Why AI Stock Veritone Was Soaring This Week

The Motley Fool Logo The Motley Fool By Eric Volkman
Why AI Stock Veritone Was Soaring This Week

Veritone, an AI solutions provider, saw its stock rise nearly 26% after announcing a strategic partnership with edge computing company Armada to deliver integrated data solutions, and receiving a bullish analyst rating.

Insights
EPRpG   positive

Continuing growth trajectory, supported by ongoing development in oil waste and polluted water treatment


VERI   positive

Stock rose 26% due to new strategic partnership with Armada, potential for innovative data solutions, and a positive analyst rating with a $10 price target