Why AI Stock Veritone Was Soaring This Week
News of a new strategic partnership and an analyst's price target increase helped juice the stock of Veritone (NASDAQ: VERI) over the past few days. According to data compiled by S&P Global Market Intelligence, the enterprise artificial intelligence (AI) solutions provider's shares were up nearly 26% in value week-to-date as of Thursday evening.
Veritone unveiled that partnership before market open on Thursday. The company revealed that it is teaming up with edge computing specialist Armada to provide next-generation data offerings to corporate clients.
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Source Fool.com
