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Why Genius Brands Stock Jumped 7% Today

·2 min read

Genius Brands International (NASDAQ: GNUS) finished the day up 7.3% on Monday, closing at $0.805 per share. Genius Brands is a childrenʻs entertainment and media company, best known for its streaming Kartoon Channel, shows like Rainbow Rangers, and the rights to Stan Leeʻs name as well as the intellectual property of Leeʻs non-Marvel characters. Genius Brands got a boost in May when the company signed a 20-year deal with Marvel Studios, owned by Walt Disney (NYSE: DIS), to license the name and likeness of Stan Lee to Marvel Studios for future films and television shows and in Disney theme parks.