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Why Pop Culture Group Stock Is Up

Pop Culture Group Co., Ltd (NASDAQ:CPOP) shares are trading higher Thursday after the company released an interim financial report which showed the second half of 2023 showed an increase in overall operational performance.  The Details: For the six months ended Dec. 31, 2023, the company reported consolidated revenues of approximately $24 million, representing an increase of $12.75 million from the same period last year, reflecting 113% year-on-year growth.  Pop Culture Group's consolidated gross profit for the second half of 2023 increased from a deficit of $2.34 million to gross profits of $1.78 million. The company expects business expansion and growth ...