Kartoon Studios Transfers Listing To NYSE American, Begins Trading Under New Ticker Symbol 'TOON'
Portfolio Pulse from Happy Mohamed
Kartoon Studios, formerly known as Genius Brands International, has changed its name and transferred its listing from Nasdaq to NYSE American under the new ticker symbol 'TOON'. The company focuses on creating high-end, ethically conscious animated series for children and licensing consumer products featuring its unique characters.
June 26, 2023 | 12:27 pm
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Kartoon Studios (NYSE:TOON) has changed its name and transferred its listing to NYSE American, aiming to align with major industry titans and focus on creating high-end animated series for children.
The name change and transfer of listing to NYSE American is a strategic move for Kartoon Studios, as it aims to align with major industry titans and focus on creating high-end animated series for children. This move could potentially attract more investors and increase the company's visibility in the market, leading to a positive short-term impact on its stock price.
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