In 3 Months, This Company's Stock Is Up 1,000%!
If you follow the market, you've been seeing some pretty crazy things going on lately. There was Hertz's share price jumping after the company declared bankruptcy. And then there was Nikola, a new electric truck company with no revenue, surging to a market capitalization rivaling that of Ford Motor.
Given these other weird moves, it may not be so hard to believe that, after hitting an all-time low of $1.22 per share on March 16, the price of Veritone's (NASDAQ: VERI) shares has shot up 1,000%. This is an amazing return in just three months, but like Hertz and Nikola, I do not think it will last.
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Source Fool.com
