Is Genius Brands stock a good buy?
The short answer is no, Genius Brands is not a buy.
Despite the company’s near-term catalysts for growth, management has consistently failed to turn hype into tangible value for shareholders, and investors should wait to see results before they bet on this company..
What is the best stock to buy right now?
Best Value StocksPrice ($)Market Cap ($B)NRG Energy Inc. (NRG)34.708.5NortonLifeLock Inc. (NLOK)23.4613.9Unum Group (UNM)18.783.8
Why gnus is going down?
Shares of kids’ entertainment content developer Genius Brands International (NASDAQ:GNUS) were down 12.3% at 12:54 p.m. EDT on Monday, following the Friday release of a short-selling thesis that the company’s stock is wildly overvalued, and could decline 75% from its current value very quickly.
Why did Genius Brands stock go up?
The stock’s surge over the past month started with a 52.3% jump on May 6, after the company said it was merging its Kid Genius Cartoon Channel and Baby Genius TV digital platforms into one network brand, Kartoon Channel, which will launch on June 15.
Is Disney buying Genius Brands?
Beverly Hills-based Genius Brands International bought the rights to a group of Stan Lee comic book characters to build a new world in kids’ entertainment. … The transaction does not include the Marvel world of characters, which was acquired by Walt Disney for over $4 billion in 2009.
Is gnus stock a buy?
(GNUS) – Zacks….(Real Time Quote from BATS)Zacks RankDefinitionAnnualized Return1Strong Buy24.33%2Buy17.77%3Hold9.37%4Sell4.88%2 more rows