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

In Wednesday's after-market session, several IT stocks saw significant movements. Verint Systems (VRNT), Semtech (SMTC), and Braze (BRZE) reported Q3 earnings, with their stocks moving upwards by 10.5%, 9.28%, and 5.13% respectively. Minim (MINM), Auddia (AUUD), and Inpixon (INPX) also saw gains. Conversely, CalAmp (CAMP), MicroAlgo (MLGO), Sprinklr (CXM), Mercurity Fintech Holding (MFH), BTC Digital (BTCT), and Neonode (NEON) experienced declines, with CAMP dropping 13.8% after the market closed.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:31 pm

In Wednesday's pre-market session, several IT stocks showed significant movement. MicroAlgo's stock surged 56.6% following their Q3 earnings release. SentinelOne also saw a rise of 16.99% after their earnings report. Other gainers included Soluna Holdings, Auddia, AEye, and Amtech Systems with increases ranging from 9.58% to 15.48%. On the losing side, Cepton's shares dropped 20.6%, while Yext, Asana, and Box also experienced declines after their Q3 earnings, with drops of 14.98%, 12.66%, and 12.33% respectively. Baijiayun Group and Intrusion also saw their stocks fall by 7.71% and 6.03%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 1:06 pm

In Tuesday's pre-market session, several IT stocks showed significant movement. HeartCore Enterprises (HTCR), Universal Security (UUU), Synchronoss Technologies (SNCR), GitLab (GTLB), Auddia (AUUD), and ZeroFox Holdings (ZFOX) experienced gains, with GitLab and ZeroFox releasing Q3 earnings. Conversely, Daktronics (DAKT), Argo Blockchain (ARBK), SilverSun Technologies (SSNT), WiSA Technologies (WISA), Ondas Holdings (ONDS), and Nokia (NOK) saw their stock prices fall, with Daktronics reporting Q2 earnings.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 1:07 pm

Auddia Inc. has announced the signing of a third non-binding letter of intent (LOI) to acquire a streaming audio company, which would enhance its faidr app by adding high-margin music player capabilities and reducing costs for cover content during ad-breaks. The technology would also improve personalization for AM/FM streaming and provide direct access to auto manufacturers' stereo headunits. The acquisition is part of Auddia's strategy to grow its user base and revenue, with the potential to add $6.5 million in annual revenue and $3 million in free cash flow. The deal is subject to securing adequate financing, and Auddia is progressing towards binding purchase agreements for two other acquisitions announced in June 2023.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:13 pm

In Tuesday's pre-market session, several IT stocks showed significant movement. SMX, SVRE, AEVA, VERB, CYN, and AUUD were gainers, with SMX leading at a 39.7% increase. Losers included STIX, WTO, ZS, INSG, CISO, and KOPN, with STIX dropping 9.3%. Zscaler's stock fell after Q1 earnings were released.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 1:06 pm

In Monday's pre-market session, several information technology stocks showed significant movement. Gainers included Sobr Safe (SOBR) with a 20% increase, Perfect (PERF) up by 16.79%, and Cyngn (CYN) rising 14.33%. On the losing side, Quantum Computing (QUBT) fell by 9.1%, Auddia (AUUD) by 9.05%, and Blackboxstocks (BLBX) by 6.59%. Other notable movements were seen in Saverone 2014 (SVRE), Presto Automation (PRST), My Size (MYSZ), Datasea (DTSS), SPI Energy (SPI), and Oblong (OBLG).

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 1:06 pm

Maxim Group analyst Allen Klee has downgraded Auddia (NASDAQ:AUUD) from Buy to Hold, indicating a shift in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 7:10 pm

In Monday's pre-market session, several IT stocks showed significant movement. Peraso, MMTEC, Cyngn, GSI Technology, HeartCore Enterprises, and ComSovereign Holding were gainers, with Peraso, Cyngn, and OMNIQ releasing Q3 earnings reports. Auddia, Gorilla Tech Gr, Bit Origin, Aurora Mobile, MicroAlgo, and OMNIQ were among the losers.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm

Software and technology stocks are trading higher due to a drop in Treasury yields following October jobs data. The decline in yields has boosted growth stocks in the session.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:52 pm

In Wednesday's pre-market session, several IT stocks showed significant movement. Mercurity Fintech Holding, Auddia, TTM Technologies, Synchronoss Technologies, Verb Tech, and Rimini Street saw gains, with TTM Technologies and Rimini Street's Q3 earnings reports being released. On the other hand, Tempo Automation Holdings, Silicon Laboratories, Extreme Networks, BIO-key Intl, OMNIQ, and Ondas Holdings experienced losses, with Silicon Laboratories and Extreme Networks releasing their Q3 and Q1 earnings reports respectively.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 1:05 pm

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