Glory Star New Media (GSMG) Pops 15%: Should you invest?

On June 23, the stock was $2.7700 then it started to fall at a slow pace until it reached $2.2000 on July 8. However, the stock continued to fall and reached $2.0900 for today. The average volume of the company is 313,022 shares while the total volume of the company consists of 92,179 shares. The day’s range of the stock is $2.0700 – $2.1800.

Just recently, the Glory Star New Media Group Holding Limited reported that the company’s entertainment “Star Makeover” is chosen to the top-10 among the late-night shows during the 10 weeks starting from the premiere of the show which was held on May 5, 2021.

Fashion celebrities, different famous stylists are taking participation in the Star Makeover fashion reality game. The CEO of the company, Bing Zhang said “The success of this program proves that we have interesting and original content. Many companies order advertisements on our show. Now, our goal is to create more captivating programs”.

Lora Nilsson

Finance and Business reporter After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter

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