Wall Street Wiener Roast: Tech Giant Dips As Veritone Grows


U.S. financial markets saw an overall decline on Monday amid fears of an escalating conflict between North Korea and Washington. The Nasdaq composite index fell 56.33, to 6,370.59, as the Dow Jones Industrial Average dipped 53.50 to 22,296.09.

Losses among big tech stocks were largely responsible for the declines on Wall Street, as Twitter fell 3.6%, to $16.98, on word that disgraced former New York House Member Anthony Wiener was sentenced today to 21 months in Federal prison for “sexting” a 15-year-old girl.

Snap Inc. was off 3.4%, to $13.22, while Amazon slid 1.6% to $939.79.

Meanwhile, Veritone Inc. sailed to another record high, leaping an additional 4.2% to $58.65.

Among broadcast media companies, the “stub” of iHeartMedia stock increased by 23.1%, to $1.60, while Saga Communications shed 1.7%, to $42.70.

For a complete look at today’s closing prices, please visit the RBR+TVBR Wall Street Report on the homepage of RBR.com.