Pop Culture Group (NASDAQ:CPOP) Stock Set to Reverse Split on Monday, September 14th

Pop Culture Group Co., Ltd. (NASDAQ:CPOP) shares are set to reverse split on the morning of Monday, September 14th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, September 13th.

Pop Culture Group Trading Down 10.0%

CPOP traded down $0.03 on Thursday, hitting $0.25. The company had a trading volume of 526,070 shares, compared to its average volume of 839,089. Pop Culture Group has a 12-month low of $0.23 and a 12-month high of $26.10. The business’s fifty day simple moving average is $0.43 and its 200 day simple moving average is $2.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Pop Culture Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Pop Culture Group stock. Connective Capital Management LLC bought a new stake in shares of Pop Culture Group Co., Ltd. (NASDAQ:CPOP) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned about 9.29% of Pop Culture Group as of its most recent filing with the Securities & Exchange Commission.

Pop Culture Group Company Profile

Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.

The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.

Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.