Glory Star Announces Name and Trading Symbol Change To Cheer Holding, Inc.
Portfolio Pulse from Benzinga Newsdesk
Glory Star New Media Group Holdings Limited (NASDAQ:GSMG) has announced a name change to Cheer Holding, Inc. and a trading symbol change from 'GSMG' to 'CHR'. The change will take effect on November 9, 2023. The company's warrants will continue to trade under the ticker symbol 'GSMGW'. No action is required from the company's shareholders regarding the changes.
November 08, 2023 | 1:08 pm
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NEUTRAL IMPACT
Glory Star's name and trading symbol change to Cheer Holding, Inc. and 'CHR' respectively may impact brand recognition and potentially the stock price.
Name and symbol changes can sometimes lead to increased brand recognition, which could potentially influence the stock price. However, the impact is uncertain and will depend on how the market perceives the changes.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100