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Curiositystream Inc (NASDAQ: CURI) |
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CURI $1.6800
$0.0300 
1.82%
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Volume (M):
118
Open :
1.66 52 Wk Avg :
1.20
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Curiositystream Inc CURI OHLC Open High Low Closing Chart
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What happened with Curiositystream Inc's Stock |
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In October 2024, Curiositystream Inc's stock encountered a significant drop of approximately -20.75%, sliding from a price of $2.41 down to $1.91. This decline can be attributed to various market sentiments and reactions to external partnerships and industry performance metrics. Notably, the stock began its month on a low note, reaching a trough at $1.816 on October 1. The initial drop of -2.09% is linked to the revealing collaboration between Curiositystream and Shell Recharge, which, while innovative, may have raised uncertainty among investors about the company's long-term growth trajectory, particularly in a competitive environment for streaming services.
Despite this decline, Curiositystream's shares showed relative resilience when compared to the broader market. The company outperformed its suppliers indexed by CSIMarkets, indicating that external conditions were unlikely to singly be responsible for the downturn. Moreover, during the same quarter, stocks in the Services sector have averaged a 5.09% increase, while those in the Movies and Entertainment sector enjoyed a 6.84% rise, making Curiositystream's performance even more notable.
Interestingly, the stock did experience a short-lived high of $3 on October 17 before facing significant volatility. The worst single-day performance was on October 29, contributing to the overall decline for the month. However, as of the last assessment in October, Curiositystream managed a slight positive performance of 1.74%, suggesting potential stabilization before the month concluded. This contrasting performance highlights the inherent volatility in specialty streaming sectors and raises questions about the sustainability of Curiositystream?s value amidst industry competition and shifting viewer preferences.
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In June 2024, Curiositystream Inc's shares saw a notable improvement of 9.62%, increasing from $1.02 to $1.14. Throughout the quarter, Curiositystream Inc's shares outperformed the CSIMarkets index, which tracks the company's suppliers. Additionally, during the current month, Curiositystream Inc's shares continued to perform better than the market, demonstrating a 3.35% increase in performance.
On June 11th, 2024, Curiositystream Inc's shares reached their peak at $1.39. However, just a day before, on June 10th, they reached their lowest point at $0.98 for the month of June. It is worth noting that during this period, shares in the Movies and Entertainment industry saw an average increase of 10.95%, while shares in the Services sector saw an average increase of 3.93%.
Overall, June 2024 proved to be a positive month for Curiositystream Inc's shares, with a significant improvement in their value. Despite the slight dip on June 10th, the stock managed to recover and reach its highest point of the month. This demonstrates resilience and potential for further growth in the future.
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