Corporate Market Update – Thursday, 22 November 2026

During the 24‑hour trading window that closed at 01:10 PM Central Europe on Thursday, 22 November 2026, the stock of Zedge Inc. (ZDGE) experienced a modest uptick of 0.72 %. The share price settled at US $2.78 on the most actively traded exchanges, reflecting a slight recovery after a month‑end decline of 9.45 %.

At present, 15.7 million Zedge shares remain available in the market, translating to a market capitalisation of US $43.3 million. In the last 24 hours, approximately US $118.4 k worth of Zedge stock exchanged hands. The company’s 200‑day simple moving average sits at US $3.08, while its peak over the past 52 weeks was US $4.70 on 12 December 2025, and its trough was US $2.21 on 3 November 2025.

The trading activity of several peer companies in the same period provides context for Zedge’s movement:

  • Freecast Inc. (CAST) – Shares traded flat (0 %) and now stand at US $1.01. With a market cap of US $51.3 million, Freecast has announced a proposed acquisition of Critical Metals Corp. under a share‑swap scheme. The transaction, pending regulatory and court approval, will replace Freecast shares with those of the acquiring entity and provide a cash‑less exercise option for option holders. The company will disclose the outcome of shareholder and option‑holder votes once approvals are secured.

  • Podcastone (PODC) – Down 0.6 %, priced at US $1.67. Its market capitalisation is US $50.8 million.

  • Biomea Fusion (BMEA) – Declined 6.25 %, now at US $0.69 with a market cap of US $51.5 million.

  • Gain Therapeutics (GANX) – Unchanged (0 %) at US $1.19; market cap US $51.9 million.

  • Rein Therapeutics (RNTX) – Up 5.04 %, trading at US $0.62. Its market capitalisation is US $51.3 million.

Company Profile: Zedge Inc.

Zedge Inc. is headquartered in New York, United States, and operates as a communication‑services provider. The company specialises in the personalization of mobile devices, offering a range of free content such as ringtones, wallpapers, application icons, and notification sounds. Zedge serves a global customer base through its corporate website, corp.zedge.net, and lists its shares on the NYSE MKT stock exchange.

This snapshot of Zedge’s recent performance, coupled with the concurrent movements of its industry peers, offers investors a nuanced view of the sector’s dynamics in the current market environment.