Beamr Moving on NVIDIA CABR Integration News

(24/7 MARKET NEWS) – NVIDIA Corporation announced, this morning, the release of Video Codec SDK 12.1, including new APIs to support Beamr Imaging Ltd.’s (NASDAQ: BMR) Content Adaptive Bit Rate (CABR) library.

Beamr Imaging is trading at $2.64, up $0.35 (+15.28%), on 5K premarket shares traded.

Its 52-week range is $ 1.36 to $3.96. This has traded for about three months and it’s in the midst of its first upward move that it started about two weeks ago, so it should retrace to the $3 level.

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