Grom Social Enterprises is a young company that was founded in 2012. It provides unique content for kids under 13 on a secure platform that parents can control. At the end of September, its stock traded at a 9-month low of $ 1.75. In the first half of the last month, the worth soared 234%, to $5.85. However, by today it has decreased to $ 3.52. Over the last 30 days, the cost has skyrocketed by 101%.
The company announced updates to its kids’ app, Grom Social. Several safety features have been added to the application, which allows parents of young users to monitor every step of the child: the publication, activity in the app, communication with other children, etc. In addition, parents can track friend requests and comments. Grom Social requires parents to pay 0.99 cents with a credit card to verify their identity, thus providing an extra layer of protection.