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Audioboom Chairman Increases Stake, Signaling Confidence in Podcast Giant

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Audioboom Chairman Increases Stake, Signaling Confidence in Podcast Giant

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Audioboom ( (GB:BOOM) ) has issued an update.

Michael Tobin, the non-executive Chairman of Audioboom, has increased his stake in the company by purchasing 3,040 ordinary shares, now holding approximately 5.4% of the company’s issued share capital. This move highlights confidence in Audioboom’s market position and potential growth, further solidifying its standing in the competitive podcasting industry.

More about Audioboom

Audioboom is a leading global podcast company, providing ad-tech and monetization platforms for podcast distribution and production. It ranks as the fourth largest podcast publisher in the US, with key partnerships including Formula 1 podcasts and other popular shows across North America, Europe, Asia, and Australia.

Average Trading Volume: 82,242

Technical Sentiment Signal: Sell

Current Market Cap: £46.2M

For detailed information about BOOM stock, go to TipRanks’ Stock Analysis page.

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