02:58 PM EST, 01/16/2025 (MT Newswires) -- LiveOne ( LVO ) shares rose 3% in recent Thursday trading after the company reported $10 million in cash savings available for funding growth initiatives.

In a year-end update, the music streaming and live entertainment platform said it will utilize artificial intelligence, data analytics and exclusive content to spur subscriber growth, diversify revenue channels and bolster market leadership.

Price: 1.19, Change: +0.04, Percent Change: +3.48