Pop Culture Group CPOP jumps on half-year results but rally tested
Pop Culture Group shares soared 378% to $1.72 after reporting half-year revenue up 65% to $68.9 million, driven by a 79% surge in digital entertainment, now 97% of sales, but thin 3% gross margin, net profit drop, Bitcoin-linked losses, and heavy reliance on share sales raise questions about sustainability amid repeated Nasdaq volatility halts.