Audioboom Group (BOOM) Shares Up 16.8%

Audioboom Group PLC (LON:BOOM) shares shot up 16.8% during mid-day trading on Tuesday . The company traded as high as GBX 1.10 ($0.01) and last traded at GBX 1.08 ($0.01). 856,726 shares traded hands during trading, an increase of 227% from the average session volume of 261,957 shares. The stock had previously closed at GBX 0.93 ($0.01).

In related news, insider Michael Tobin acquired 188,508 shares of the business’s stock in a transaction that occurred on Thursday, October 11th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £1,885.08 ($2,463.19). Over the last quarter, insiders have purchased 3,759,859 shares of company stock valued at $4,936,329.

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Audioboom Group Company Profile (LON:BOOM)

Audioboom Group plc operates an audio platform for hosting, distributing and monetizing content. The Company works with approximately 2,400 active broadcasters, content creators and podcasters around the world, and hosts in over 7,400 content channels. The Company’s hosting and distribution platform allows partners to embed, share through social channels and re-syndicate their content.

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