Genius Brands (GNUS) Extends Rally: Surges 50% in a Week

The Genius Brands International Inc (NASDAQ: GNUS) stock could be the one to track over the coming days owing to the significant gains that it has recorded in recent days.

The stock has gathered impressive momentum and over the course of the past week, it has recorded gains of as big as 50%. The rally in the Genius Brands stock might have a link to the recent initial public offering of the video game company Roblox Corp. It should be noted that the two shows from the Kartoon Channel owned by Genius Brands are part of the featured content that is offered by Roblox to its customers.

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While it is a tenuous link, it is also necessary to note that Genius Brands has not actually made any announcement with regards to any special partnership with Roblox. Hence, it might be a good idea for investors to keep tracking the stock over the coming days and have an eye on the news with regards to any new developments.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life