What's Going On With Genius Group Limited Stock?
Portfolio Pulse from Erica Kollmann
Genius Group Limited (AMEX:GNS) announced a joint venture partnership with Groove Digital, Inc. and Groove AI to deliver AI tools to GeniusU partners and faculty. The joint venture, Genius Groove, Inc., will create a new AI-driven SAAS platform. Shares of GNS are trading higher with more than 7.46 million shares traded in the session, compared to the stock's 100-day average of 9.617 million shares. Genius Group shares are up 19% at $1.05 at the time of publication.
September 20, 2023 | 3:26 pm
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Genius Group's joint venture with Groove Digital and Groove AI is driving its stock price up. The partnership aims to deliver AI tools to GeniusU partners and faculty, creating a new AI-driven SAAS platform.
The announcement of the joint venture partnership with Groove Digital and Groove AI is a positive development for Genius Group. This partnership will allow Genius Group to deliver AI tools to its GeniusU partners and faculty, creating a new AI-driven SAAS platform. This strategic move is likely to enhance the company's product offerings and potentially increase its market share, which is reflected in the increased trading volume and stock price.
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