A Mixed Monday For Media Stocks


U.S. financial markets started the week on an up note, with both the Dow Jones Industrial Average and Nasdaq composite index gaining ground on Monday.

Among the star performers once again is Veritone, which jumped to another record high.

The AI business intelligence provider saw VERI shares leap 13.8%, to $34.23.

Thirty days ago, Veritone shares sat at $9.41.

Veritone has been the beneficiary of good press in recent days from Barron’s, and is riding high on new partnerships with Dalet and Wazee Digital.

Meanwhile, it was a good session for both Entercom and iHeartMedia‘s “stub.”

ETM shares were up 5.7%, to $11.10, after Wall Street prophet Jim Cramer featured the company on Friday’s Mad Money, telling CNBC viewers that it was a good investment.

Meanwhile, iHeart shares jumped 11.9% to $1.60.

For a full look at today’s closing prices on Wall Street, simply go to the homepage of RBR.com and view our Wall Street Report.