Why Genius Brands Gained 33% in the First Half of 2021
Genius Brands International (NASDAQ: GNUS) stock gained 33% in the first six months of the year according to data provided by S&P Global Market Intelligence. The children's media company had some momentum with its Kartoon streaming channel, announced major deals, and had a solid first quarter, leading to investor confidence. However, Genius brands stock is generally volatile, and it has lost most of those gains. It's now up 14% year to date.
Genius brands produces content for its own channel as well as licensed content for partner channels. Some of its partners are Walt Disney's Marvel studios, Roblox, and the investing world's very own Warren Buffett.
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Source Fool.com
