Genius Brands International Inc GNUS shares are trading lower after the company announced it will acquire WOW! Unlimited Media for $53 million in cash and stock.
The company Monday announced via press release that it would host a conference call at 10:30 A.M. ET on Wednesday, October 27, 2021 to "discuss a positive business development". Traders and investors can rewatch the Wednesday webcast replay on the investor relations section of the company’s website here.
See Also: Is Genius Brands Stock Set For A Multi-Day Short Squeeze? A Technical Analysis
Genius Brands is a kids media company. It is engaged in developing, producing, marketing and licensing branded children's entertainment properties and consumer products for media and retail distribution.
Genius Brands has a 52-week high of $3.12 and a 52-week low of $1.01.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
