Why CuriosityStream Stock Popped Today
Shares of documentary streaming service CuriosityStream (NASDAQ: CURI) popped on Monday morning as investors are starting to notice this small, sleepy company. There are rumors that a market research company named it as a top pick. Whether or not that rumor is true, the stock is quickly gaining a following on social media due to its long-term potential, sending shares higher. As of 11 a.m. EST today, CuriosityStream stock was up 19%.
According to rumors circulating on social media, Capital Market Laboratories named CuriosityStream as a top pick. But you'll have to subscribe to its CML Pro service to find out if that's true and if so, why. Since I'm personally not a subscriber, this could be a baseless rumor for all I know. However, I do know that shout-outs like this are helping CuriosityStream attract the attention of retail investors, even though it hasn't released any news. My evidence for this is the stock's surging trading volume.
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Source Fool.com