- Genius Brands International (NASDAQ:GNUS) is jumping, now up 15.8%, amid some (sketchy) online chatter tying it to content from hot direct listing Roblox (RBLX).
- Chatter points to a partnership involving Genius' Kartoon Channel, though Genius Brands hasn't announced any such deal.
- As with other video sites, though, Kartoon Channel has footage of gamers playing Roblox games.
- GNUS volume has spiked and has already surpassed average day volume, with more than 47M shares changing hands so far.
- Roblox is set to begin trading through a direct listing today. Opening trade indications suggest it will pop from a $45 reference price, valuing that company at close to $50B.