Workflow
Pop Culture Group (CPOP) Stock Surges by 5.04% Amid Market Fluctuations
CPOPPop Culture (CPOP) Gurufocus·2024-10-02 19:51

Company Overview - Pop Culture Group (CPOP) experienced a stock price increase of 5.04%, trading at 1.25persharewithavolumeof38,635sharesandaturnoverrateof0.261.25 per share with a volume of 38,635 shares and a turnover rate of 0.26% [1] - The stock's amplitude reached 5.88% [1] - The company generated 24.01 million in revenue, with a net loss of 2.37millionandanearningspershare(EPS)of2.37 million and an earnings per share (EPS) of -0.97 [1] - The gross profit was reported at $1.78 million, and the price-to-earnings (P/E) ratio stands at -0.13 [1] - Currently, there are no institutional ratings available for Pop Culture Group [1] Industry Context - The overall entertainment sector experienced a 0.78% increase [2] - Notable active stocks in the sector include iQIYI, Sphere Entertainment Co., and Color Star Technology, with turnover rates of 4.79%, 3.22%, and 3.03% respectively [2] - Stocks with significant amplitude in the sector included Color Star Technology (19.63%), Alliance Entertainment Holding Corp (14.51%), and Liveone Inc. (12.73%) [2] - Pop Culture Group is known for organizing entertainment events and hip-hop-related online programs, offering event planning, execution, and marketing services to corporate clients [2] - The company generates revenue through sponsorship packages and ticket sales for hosted events [2]