2 Reasons to Avoid Genius Brands Stock
Genius Brands' (NASDAQ: GNUS) massive rally is fizzling out. With a price of $2.22 as of Friday morning, the stock has fallen by more than 80% from its all-time high of $11.73 -- and unfortunately, there is probably still more downside to come, because management has failed to deliver concrete value to shareholders.
Genius Brands' recently announced Stan Lee deal is much ado about nothing, and its financials are a train wreck due to massive quarterly losses and skyrocketing expenses. Here are two reasons why investors should consider selling the stock before it's too late.
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Source Fool.com