Cheer (NASDAQ:CHR) Stock Price Down 7.6% – Here’s What Happened

Posted by ABMN Staff on Feb 24th, 2026

Cheer Holding, Inc. (NASDAQ:CHR – Get Free Report)’s share price was down 7.6% on Monday . The stock traded as low as $1.28 and last traded at $1.33. Approximately 55,174 shares were traded during trading, a decline of 51% from the average daily volume of 113,754 shares. The stock had previously closed at $1.44.

Analyst Upgrades and Downgrades

CHR has been the subject of several research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Cheer in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Cheer to a “hold” rating in a research report on Saturday, December 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on CHR

Cheer Stock Performance

The firm’s fifty day moving average price is $1.48 and its two-hundred day moving average price is $14.88.

Institutional Investors Weigh In On Cheer

An institutional investor recently bought a new position in Cheer stock. Jane Street Group LLC purchased a new stake in Cheer Holding, Inc. (NASDAQ:CHR – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 63,046 shares of the company’s stock, valued at approximately $81,000. Jane Street Group LLC owned approximately 1.34% of Cheer as of its most recent SEC filing. Institutional investors own 18.54% of the company’s stock.

Cheer Company Profile

(Get Free Report)

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an integrated e-commerce service with professionally produced content; CHEERS Video app, a media platform that engages users with content; and CHEERS e-Mall, an e-Mall app that offers products to the users through third party merchants through live streaming, online short videos, and online games.