GNUS 3rd most popular stock on Robinhood?
I was looking at the most popular list on robinhood today and I came across genius brands GNUS as the third most popular stock. I assume someone in here must own it.
What’s the story here?
According to Fintel the short interest is 20%. Is that the reason why people are buying? They launched a show with Arnold Schwarzenegger which seems pretty hype. But almost no revenue to speak of. Curious what the long term play is here or if this is just a short term trade for peeps.
I guess there was a big boom and bust with this stock in 2020 so it doesn’t have a great history. However from what I can tell the launch of the Kartoon Channel app and this new show were huge catalysts.
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June 9, 2021 at 03:47PM