2 Reasons Why Genius Brands' Stock Crash Could Be Just Getting Started
Share prices in Genius Brands (NASDAQ: GNUS) have fallen roughly 41% from a recent high of $3.06 a share on Jan. 27. The rally that got shares to that price was part of a retail-driven push into heavily shorted stocks that is now unraveling because of weak fundamentals.
Investors who still own Genius Brands should consider selling, because the company's cash-burning operations and penchant for equity dilution could lead to long-term declines in the stock price.
Billed as a potential "Netflix for kids" by CEO Andy Heyward, Genius Brands is a content management company that creates and licenses educational multimedia for toddlers up to tweens.
Source Fool.com
