Genius Group Ltd ( GNS ) shares are trading lower by 15.5% to $0.33 during Monday’s session after the company announced agreements for the exercise of Series 2024-C warrants to purchase up to 10,950,451 ordinary shares at $0.35 per share, potentially raising $3.8 million.

H.C. Wainwright & Co. is the exclusive placement agent. The company will issue new Series 2024-D and 2024-E warrants, both priced at $0.35 per share, with terms of five and a half years and two years, respectively. The offering, expected to close around May 22, will fund general corporate needs.

Additionally, Genius Group ( GNS ) will amend April 2024 warrants, reducing their exercise price to $0.35, and issue new warrants for 6 million shares with a five-year term at the same price.

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Should I Sell My GNS Stock?

Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.

Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.

Shares of Genius Group ( GNS ) have lost 61.84% year to date. This compares to the average annual return of -76.54%, meaning the stock has outperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity.

Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Genius Gr stock currently has an RSI of 46.15, indicating neutral conditions.

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GNS has a 52-week high of $2.48 and a 52-week low of $0.24.