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

Auddia Inc has received a U.S. patent for a machine learning technology that identifies shifts in audio content. The patent, numbered 11,935,520, marks a significant intellectual property milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 2:44 pm

Auddia Inc. has secured $3.5 million in financing to advance its enhanced podcast initiatives and support the faidr 3.1 user experience improvements. This financing also strengthens the company's position for its ongoing mergers and acquisitions strategy, notably achieved without providing warrant coverage.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 12:10 pm

In Friday's intraday session, 12 Information Technology stocks showed significant movements. Notably, Verb Tech and Veritone experienced substantial gains, with increases of 385.1% and 31.86%, respectively. On the downside, Jabil and Adobe saw notable declines of 16.5% and 14.04%. Earnings reports released in the days leading up to Friday influenced many of these movements.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:31 pm

In Thursday's pre-market session, 12 Information Technology stocks showed significant movements. Presto Automation, CCSC Technology, Turtle Beach, Auddia, BigBear.ai Hldgs, and MicroCloud Hologram were among the gainers, with Presto Automation leading with a 57.8% increase. On the downside, Pagaya Techs, Enfusion, Verb Tech, SentinelOne, CXApp, and Applied Optoelectronics experienced declines, with Pagaya Techs dropping 15.5%. Notably, Turtle Beach, Enfusion, and SentinelOne's movements were influenced by their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

Auddia announced a beta program for subscription podcasting with a pay-per-play model on the Faidr app, boosting AUUD shares by 42%. Turtle Beach's acquisition of PDP and Q4 financial results led to a 31% increase in HEAR shares. Pagaya Technologies' announcement of a public offering at $12.70 per share resulted in a 15% decrease in PGY shares.

Portfolio Pulse from ryanfaloona@benzinga.com

March 14, 2024 | 12:42 pm

Auddia Inc. announced a beta program for subscription podcasting where participating podcasts will be paid on a 'pay-per-play' basis for each ad-free episode played on the Faidr audio Superapp. The program aims to provide podcasters with a more substantial portion of revenue by mimicking the streaming music payment model. Auddia's Seamless Play and Forward+ features, part of its Enhanced Podcasts suite, will facilitate ad avoidance and are set to release later this year. The company targets listeners who skip ads and aims to offer higher margins and efficiencies for podcasters.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:09 pm

Robinhood Markets, Inc. (NASDAQ:HOOD) shares rose by approximately 12% in pre-market trading after announcing an increase in total funded customers to 23.6 million in February. Other stocks also showed significant movement in pre-market trading, with notable gainers including ShiftPixy, Inc. (NASDAQ:PIXY) and losers such as Spruce Biosciences, Inc. (NASDAQ:SPRB).

Portfolio Pulse from Avi Kapoor

March 14, 2024 | 12:05 pm

In Wednesday's after-market session, several Information Technology stocks showed significant movement. Presto Automation (PRST) led the gainers with a 50.1% increase, while SentinelOne (S) experienced the largest drop among the losers, declining by 11.4%. Notably, Turtle Beach (HEAR) and SentinelOne (S) released their Q4 earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 9:32 pm

In Monday's pre-market session, several Information Technology stocks showed significant movements. Notably, Auddia, Mawson Infra Gr, GDS Holdings, Kingsoft Cloud Hldgs, MicroStrategy, and BTC Digital experienced gains, while Semilux International, MultiSensor AI Holdings, AEye, Airship AI Holdings, Iveda Solutions, and Infobird Co faced declines. The movements reflect varying market capitalizations and investor sentiments towards these companies.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 1:05 pm

Fangdd Network Group Ltd. (NASDAQ:DUO) shares surged 78.3% in pre-market trading after announcing its 2024 strategic plan to enter the real estate stock asset services sector. Other stocks showed significant movement in pre-market trading, with Kidpik Corp. (NASDAQ:PIK) and Auddia Inc. (NASDAQ:AUUD) among the top gainers, while Semilux International Ltd. (NASDAQ:SELX) and Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) led the losers.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 12:08 pm

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