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.
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