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Why CuriosityStream Stock Is Up Wednesday

TheMotleyFool

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Why CuriosityStream Stock Is Up Wednesday

Yesterday CuriosityStream (NASDAQ: CURI) delivered second-quarter results that were mostly consistent with analysts' expectations. Revenue grew 27% year over year, which looks good on the surface but shows a deceleration over Q1 numbers, when revenue grew 33% in the first quarter. Nonetheless, the market for streaming is serving as a tailwind for CuriosityStream, which seemed to bolster investor enthusiasm, sending the stock up 21.1% at 11:28 a.m. EDT on Wednesday.