NASDAQ:VERI

Veritone shares pop 16% as traders look at small AI firm with funding issues
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Veritone shares pop 16% as traders look at small AI firm with funding issues

Veritone shares surged 16.3% to $2.28 on Thursday, with trading volume more than doubling from the previous day, despite no new company announcements. The move followed a recent earnings report showing first-quarter revenue down 9.8% to $20.3 million, but annual recurring revenue up 9.4% to $64.2 million. Market value reached about $212 million. The company reaffirmed its 2026 revenue forecast.
May 21, 2026

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