Education Technology Company Genius Group Shares Skyrocketed 483% in Its Trading Debut
Genius Group is an entrepreneur education technology company with approximately 1.9 million students in 191 countries spanning all age groups. The company aims to provide students with leadership, entrepreneurial and life skills, which is believes are necessary for success in today's market.
Genius Group was founded in 2015 and booked $9 million in revenue for the 12 months ended June 30, 2021.
Trading was paused for volatility multiple times during Tuesday's session. It was last paused at 11:01 a.m. EDT.
The company on Monday announced the pricing of its initial public offering of roughly 3.3 million ordinary shares at a price of $6 a share to the public.
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