Veritone is trading at $0.76 (-5.21%) amid broad risk-off sentiment.
- The Nasdaq Composite is down 0.51%, while the Dow Jones is down 0.67%.
- Higher oil prices, U.S.-Iran tensions, elevated Treasury yields, and renewed expectations for Federal Reserve rate hikes are pressuring growth stocks.
- No fresh company-specific announcement was found on August 31; Veritone’s latest major release was its August 13 earnings report.