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Why CuriosityStream Stock Surged Nearly 50% Higher Today
CuriosityStream (NASDAQ: CURI) may not be a name many investors have heard before. Yet the streaming service's stock is making waves in the market today. Shares rocketed higher by as much as 60% Wednesday morning after the company reported some big news in its first-quarter report.CuriosityStream saw its revenue grow 26% year over year, and predicts as much as 37% growth in the current quarter. It also achieved positive net income for the first time. Shares remained higher by 40% at noon ET.Continue reading
CuriosityStream (NASDAQ: CURI) may not be a name many investors have heard before. Yet the streaming service's stock is making waves in the market today. Shares rocketed higher by as much as 60% Wednesday morning after the company reported some big news in its first-quarter report.
CuriosityStream saw its revenue grow 26% year over year, and predicts as much as 37% growth in the current quarter. It also achieved positive net income for the first time. Shares remained higher by 40% at noon ET.
