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Why Genius Brands Stock Surged Today

TheMotleyFool

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Shares of Genius Brands International (NASDAQ: GNUS) jumped 18.5% on Monday after the children's entertainment company announced the launch of a new toy line.

The first toys based on Genius Brands' Rainbow Rangers series hit Walmart (NYSE: WMT) shelves today. The toys will also be available on Walmart.com and Amazon.com (NASDAQ: AMZN).

Genius Brands' Rainbow Rangers. Image source: Genius Brands.

Source Fool.com

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