Pop Culture Group (CPOP) Stock Surges by 5.04% Amid Market Fluctuations

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Oct 02, 2024

Pop Culture Group (CPOP, Financial) saw a significant stock price increase of 5.04%, trading at $1.25 per share with a volume of 38,635 shares and a turnover rate of 0.26%. The stock's amplitude reached 5.88%.

Recent financial reports show Pop Culture Group generated $24.01 million in revenue, with a net loss of $2.37 million and an earnings per share (EPS) of -$0.97. The company's gross profit was $1.78 million, and it has a price-to-earnings (P/E) ratio of -0.13. Currently, no institutional ratings are available for this stock.

Within the entertainment industry, the overall sector experienced a 0.78% increase. Notable movers include Color Star Technology, Sphere Entertainment Co., and Marcus Corp. Active stocks in the sector such as iQIYI, Sphere Entertainment Co., and Color Star Technology had turnover rates of 4.79%, 3.22%, and 3.03% respectively. Stocks with significant amplitude included Color Star Technology (19.63%), Alliance Entertainment Holding Corp (14.51%), and Liveone Inc. (12.73%).

Pop Culture Group Co Ltd, known for organizing entertainment events and hip-hop-related online programs, also offers event planning, execution, and marketing services to corporate clients. The company generates revenue through sponsorship packages and ticket sales for their hosted events.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.