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

0.56

Mkt cap

3.1M

Volume

63K

High

0.56

P/E Ratio

-0.08

52-wk high

11.75

Low

0.54

Div yield

N/A

52-wk low

0.53

Perion Network Ltd. significantly reduced its FY24 revenue guidance, causing its shares to tumble by 35%. Meanwhile, Auddia Inc., UTime Limited, and Longeveron Inc. saw their shares surge due to positive developments. Douglas Dynamics faced a downgrade from Baird, and Agenus Inc. announced a reverse stock split. Overall, U.S. stocks traded higher, with consumer discretionary shares leading gains and energy shares lagging.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 4:12 pm

Auddia Inc. (NASDAQ:AUUD) shares surged after the US Patent and Trademark Office awarded the company a patent for its core AI technology used in its faidr app, which delivers ad-free AM/FM radio to subscribers. The patent validates Auddia's innovation in AI for Audio technology, aiming to drive new premium audio experiences. The stock's trading volume significantly exceeded its 100-day average following the announcement.

Portfolio Pulse from Erica Kollmann

April 08, 2024 | 3:07 pm

U.S. stocks traded higher with the Dow Jones gaining over 50 points. Consumer discretionary shares led gains, while health care shares declined. Ducommun Inc. saw a significant jump after receiving an unsolicited interest indication from Albion River LLC. Auddia Inc., UTime Limited, and Longeveron Inc. experienced substantial increases in their stock prices due to various positive developments. Conversely, Perion Network Ltd., MediaCo Holding Inc., and Selina Hospitality PLC saw notable declines.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 1:45 pm

Auddia Inc. (AUUD) shares surged 139% following the USPTO's award of U.S. Patent 11,935,520 for its AI technology in the faidr app, enabling ad-free AM/FM radio for subscribers. U Power (UCAR) shares rose 113% as it announced its battery-swapping model for electric vehicles is set for commercial rollout in Wuhu, China. Longeveron (LGVN) shares increased 119% after issuing a letter to shareholders outlining its corporate strategy and goals for 2024.

Portfolio Pulse from ryanfaloona@benzinga.com

April 08, 2024 | 12:44 pm

Auddia Inc.'s shares surged following the announcement that the USPTO awarded the company U.S. Patent 11,935,520 for its core AI technology used in the faidr app, which offers ad-free AM/FM radio stations to paid subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:36 pm

In Monday's pre-market session, several Information Technology stocks showed significant movement. UTime, Auddia, and Semantix were among the top gainers, with UTime leading at a 135.8% increase. MicroStrategy and Argo Blockchain also saw notable rises. On the downside, DatChat, Bit Origin, and CCSC Technology experienced declines, with DatChat leading the losses. Movano and Ondas Holdings also saw decreases, while ChipMOS TECHNOLOGIES dropped by 5.07%.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 12:09 pm

Auddia Inc. announced the issuance of U.S. Patent 11,935,520 for its core AI technology used in the faidr app, which delivers ad-free AM/FM radio. This patent supports Auddia's AI for Audio platform and marks a significant milestone in securing its proprietary technology. Additionally, Auddia has advanced its provisional patent application for AI improvements in large language models (LLMs) to a non-provisional application, aiming to enhance LLM prompts and create new GPTs with industry-specific expertise.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:04 pm

Esperion Therapeutics shares rose by 7.1% in pre-market trading after presenting new data from CLEAR outcomes at ACC.24, highlighting the value of NEXLETOL tablets. Other stocks also showed significant movement in pre-market trading, with Longeveron Inc. leading the gainers and 22nd Century Group, Inc. leading the losers.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 9:15 am

In Friday's after-market session, several Information Technology stocks showed notable movements. Auddia, Sobr Safe, XTI Aerospace, Ondas Holdings, TROOPS, and Applied Optoelectronics were among the gainers, with Auddia leading at a 14% increase. On the downside, Baijiayun Group, CCSC Technology, MultiSensor AI Holdings, DatChat, Gryphon Digital Mining, and SMX experienced declines, with Baijiayun Group dropping the most at 7.3%. Ondas Holdings and Gryphon Digital Mining's recent Q4 earnings reports were highlighted.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 8:31 pm

In Wednesday's intraday session, several Information Technology stocks experienced significant movements. Notably, SMX, AEye, Edgio, TeraWulf, Oblong, and Cemtrex saw their stock prices increase, with TeraWulf's rise attributed to its Q4 earnings report. Conversely, Airship AI Holdings, XTI Aerospace, WaveDancer, Semilux International, VIA optronics, and Auddia faced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:31 pm

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