In today's video, I look at CuriosityStream's (CURI) earnings. The stock price has dropped roughly 20% in one day, and it is currently down over 60% from its 52-week high. Below I share three bullish reasons why this drop could be an overreaction.

Three bullish signs for CuriosityStream

  1. CuriosityStream announced that it is acquiring One Day University, a company that provides access to educational talks and lectures through live-stream series or video on demand. The acquisition strengthens CuriosityStream's goal of providing educational content to its customers.
  2. CuriosityStream announced that it now has approximately 16 million paying subscribers compared to 12 million a year ago and 15 million in the previous quarter. 
  3. CuriosityStream has a strong balance sheet of approximately $96 million of short-term investments and cash and cash equivalents compared to no debt. 

Click the video below for my full thoughts. 

*Stock prices used were the midday prices of May 12, 2021. The video was published on May 12, 2021.