Why Genius Brands Is Still Falling Today
Easy come, easy go, as shares of Genius Brands International (NASDAQ: GNUS) continue their fall from grace on Tuesday following the massive run-up to start the month. The stock is down 5% in morning trading.
Investors got hyped on a number of operational developments by the children's entertainment company that caused the stock to surge 2,400% in the span of a month, topping out at nearly $12 a share before beginning its long descent.
Genius Brands stock now trades at nearly the level at which it began the month.
Source Fool.com
