Veritone rises after sale of energy business to GridBeyond
** Shares of artificial intelligence (AI) software firm
Veritone Inc VERI.O up 1.3% at $3.94, before the bell
** GridBeyond, global smart energy co, has announces
acquisition of Veritone's Energy Business
** Acquisition will enable GridBeyond to expand its reach in
North America- GridBeyond
** VERI shares down 26.6% YTD
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.chaudhary@thomsonreuters.com))
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Brief: Veritone - Now Estimates $3.90 Million-$4.50 Million In Employee Transition Costs And $0.70 Million-$0.80 Million In Exit Costs