What's Going On With Grom Social Enterprises Stock?
Portfolio Pulse from Erica Kollmann
Grom Social Enterprises Inc. (NASDAQ:GROM) shares are trading higher despite no company-specific news. The stock is trending on Yahoo! Finance and has attracted attention from short-sellers and retail investors. The shares are up 25% at $2.19. The company is a media, technology, and entertainment firm delivering content to children under 13 through a secure platform.
October 05, 2023 | 2:32 pm
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POSITIVE IMPACT
Grom Social Enterprises' shares are trading higher with a 25% increase. The stock is trending among investors and has a high trading volume.
The stock is trading higher despite no company-specific news, indicating a strong market sentiment. The high trading volume and the attention from short-sellers and retail investors suggest a high level of interest in the stock, which could drive the price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100