Audioboom shares soar as US election boosts podcast demand

Shares in Audioboom soared almost 19% Tuesday, with the podcast streaming company reporting a record-breaking revenue and profit - projecting to "significantly outperform" market projections, particularly given the boost from the US election fever.

In its third-quarter report, the London-based firm recorded a remarkable revenue of $18.8m (£14.4m), a significant increase from the previous year's $14m (£10.7m), as reported by