Streetbeat News

AUUD

Auddia Inc.

https://www.auddiainc.com

Industry

Software - Application

Auddia Inc., a technology company, develops software products for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform and application; and Vodcast Hub, a content management system. The company was formerly known as Clip Interactive, LLC and changed its name to Auddia Inc. in November 2019. Auddia Inc. was founded in 2012 and is headquartered in Boulder, Colorado.

Open

0.55

Mkt cap

3.1M

Volume

21K

High

0.57

P/E Ratio

-0.11

52-wk high

11.75

Low

0.52

Div yield

N/A

52-wk low

0.48

Auddia Inc. (NASDAQ:AUUD) shares surged by 47.8% following the launch of faidr 3.1, which includes product improvements aimed at enhancing user metrics and increasing subscription revenue. The company focuses on converting consumer interest into significant revenue through new capabilities and features.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 1:19 pm

Auddia shares are experiencing an increase in trading value following the company's announcement of the launch of faidr 3.1.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:11 pm

Palo Alto Networks (PANW) shares rose 5% after strong Q4 results, guidance, and a $500M buyback. Titan Pharmaceuticals (TTNP) surged 141% on a merger agreement. Auddia Inc. (AUUD) jumped 162% after launching faidr 3.1.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:56 am

Auddia Inc. has announced the launch of faidr 3.1, an updated version of its audio streaming platform. This development could enhance user experience and potentially increase user engagement and revenue for the company.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:59 am

The article highlights the intraday movements of 12 information technology stocks on Thursday. Notable gainers include Auddia, AuthID, Broadcom, Inseego, Soluna Holdings, and Cipher Mining. Significant losers include Baijiayun Group, Saverone 2014, Cyngn, Presto Automation, Sobr Safe, and Nvni Group.