Beamr hits all-time high after announcing joint research with Nvidia

Beamr Imaging

12/02/2024 15:41

** Shares of video technology company Beamr Imaging  BMR.O 
jump more than sixfold to an all-time high of $13.94
    ** Company will present research relating to automated video
modernization with Nvidia  NVDA.O  at the ACM Mile-High-Video
2024 conference
    ** BMR and NVDA to present solution to slow adoption of
AOMedia Video 1 (AV1), a type of video coding format, due to
complex and costly processes of upgrading existing video
libraries
    ** Only one brokerage covers the stock and rates it "buy";
median PT is $5 - LSEG data


 (Reporting by Arsheeya Bajwa in Bengaluru)
 ((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))