This News Sent Genius Brands Stock Up Almost 25% Today

Shares of Genius Brands International (NASDAQ: GNUS) surged almost 25% in pre-market trading before calming down after market open. As of 1:10 p.m. EDT, shares are up 9.1%. Today's big surge came after the company announced it has acquired the rights to episodes of two new shows -- well, new to it -- for its Kartoon Channel! streaming network. 

Genius Brands is adding episodes of Pac-Man and the Ghostly Adventures, and Adventures of Sonic the Hedgehog to its programming slate. This is another addition to the company's streaming app's growing selection of content. 

Image source: Getty Images.

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Source Fool.com