Genius Brands International Inc (GNUS)

[rickn23]

4 Top Penny Stocks To Watch Before October 2020

https://pennystocks.com/featured/2020/09/18/top-penny-stocks-to-watch-before-october-september-18-2020/

Penny Stocks To Watch: Genius Brands

Genius Brands (GNUS Stock Report) was one of the cult penny stocks earlier this year. Shares went on an epic run from under $0.30 to highs of $11.73. But it ended up going parabolic at the end of the day. GNUS stock pulled in from those highs and back to recent lows this month of $0.95. Why is it on this list of penny stocks to watch?

On September 18th, GNUS stock caught a surge of late-afternoon momentum. The penny stock ended up jumping from around $1 to highs of over $1.30 before the closing bell. Whether or not this is just a technical trend is yet to be seen. But what we can say is that trading volume has become explosive on Friday. The entertainment company most recently announced the launch of the new Kartoon Classrom! This is the company’s stand-alone segment of its popular Kartoon Channel!

It will host STEAM-based content (science, technology, engineering arts and math), including programming from Genius Brands’ ‘content with a purpose’ library. There will also be content from third party creators worldwide and new original content with the first series in development, KC! Pop Quiz.

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However, that was the last update from the company, which came 8 days ago. Considering its trend up popping and dropping, if GNUS is on your list, be aware of the history of volatility that this penny stock has experienced this year.