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Why Genius Brands International Inc. (GNUS) stock performed well on Wednesday?

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Genius Brands International Inc. (GNUS) shares gained 1.83% in after-hours on Wednesday, July 28, 2021, and closed the daily trading at $1.67. in the regular trading session on Wednesday, GNUS’s stock gained 2.50%. GNUS shares have fallen 5.20% over the last 12 months, and they have moved down 4.09% in the past week. Over the past three months, the stock has lost 11.83%, while over the past six months, it has shed 46.41%.

Let’s have a brief look at its recent news and developments.

Exceptional viewership for GNUS “STAN LEE’S SUPERHERO KINDERGARTEN

Since premiering on April 23, 2021, on Kartoon Channel!, Genius Brands International, Inc.’s  Stan Lee’s Superhero Kindergarten, starring and executive produced by Arnold Schwarzenegger, continues to build its viewership reaching a new milestone of over 40 million views on July 13, 2021.

GNUS made new appointments

On July 06, 2021, Genius Brands International (GNUS), appointed Kerry Phelan to the newly created position of Executive Vice President & General Manager of Global Franchise Management.

Phelan will report to both Andy Heyward, Chairman & CEO, and Harold Chizick, President of Global Content Sales, Marketing & Consumer Products.

Earlier on June 21, 2021, GNUS appointed Dr. Cynthia Turner-Graham to the Company’s Board of Directors.

Christmas in July Debut on Kartoon Channel

On June 30, 2021, Genius Brands International, Inc (GNUS), premiered “Christmas in July” on Kartoon Channel, presented by Chuck E. Cheese and featuring a bonanza of holiday-themed series, specials, and movies, starting from July 2 – July 11.

GNUS Induction on Russell 3000® Index

Genius Brands International, Inc joined the broad-market Russell 3000® Index after the 2021 Russell indexes annual reconstitution, on June 28, 2021, according to a preliminary list of additions posted on June 4, 2021.

Participation in the recent conference

Genius Brands International, Inc recently participated at the 2021 Gabelli Funds 13th Annual Broadcasting & Entertainment Symposium which was held on June 3, 2021.

The company was presented by GNUS CEO Andy Heyward.

Global master toy partner for Rainbow Rangers

On June 01, 2021, Genius Brands International, Inc and Never Wrong Toys jointly announced the appointment of Never Wrong Toys as global master toy partner for the animated series, Rainbow Rangers, available for streaming now on Kartoon Channel!.

From July onwards, Rainbow Rangers will be available on different streaming applications and channels in most parts of the world.

Conclusion

Genius Brands International is a big company and it continuously has new attractive development which keeps its stock price stable in the stock market.

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