Why Is Pop Culture Group (CPOP) Stock Up 84% Today?

Pop Culture Group (NASDAQ:CPOP) stock is rising higher on Thursday alongside an operational update from the Chinese entertainment events hosting company. According to a press release from Pop Culture Group, its revenue for the last six months of 2023 came in at $24 million. That's a major win for CPOP stockholders compared to its revenue of $11.25 million. That means its revenue jumped 113% year-over-year. To go along with that, Pop Culture Group notes that consolidated gross profit in the same six-month pe ...