Pop Culture Group Co Ltd (NASDAQ:CPOP) stock is surging during the premarket session on Friday. However, there is no news to justify the stock price movement of over 400%.
Pop Culture Group stock is seeing heavy trading. As of this writing, the stock witnessed a session volume of 6.996 million, above the average trading volume of about 23.474K, as per the data from Benzinga Pro.
Pop Culture Group is a hip-hop culture company based in Xiamen, China.
- Its focus is on promoting hip-hop culture and the cultural exchange of hip-hop between the U.S. and China.
- The company’s primary target audience is the younger generation.
- It serves its customers with online programs and provides event planning and execution services as well as marketing services.
- The company was founded in 2007 and went public via an IPO in 2021.
Price Action: CPOP shares are up 363.9% at $6.2 during the premarket session on the last check Friday.
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