On Monday (February 12) Eastern Time, a previously unknown video optimization technology company, Beamr, saw its US stock price soar into the spotlight. On the same day, Beamr's intraday increase reached 1555.92%, and the closing increase converged to 371.56%, with the stock price at $9.95; During the trading session, trading was suspended multiple times due to fluctuations. Beamr is an Israeli video encoding, transcoding, and optimization technology provider, primarily providing services to MSOs, OTT streaming service providers, Hollywood studios, online publishers, and social content publishing platforms. By using Beamr Optimization video optimization technology, video bit rate and file size can be reduced by 50%, reducing cloud storage and CDN costs.