Streetbeat News

ANGH

Anghami Inc.

https://www.anghami.com

Industry

Entertainment

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates.

Open

0.74

Mkt cap

23M

Volume

11K

High

0.77

P/E Ratio

-1.24

52-wk high

3.49

Low

0.74

Div yield

N/A

52-wk low

0.71

In Tuesday's pre-market session, several Communication Services stocks showed notable movements. Anghami (ANGH) led the gainers with a 30.4% increase, while Hanryu Holdings (HRYU) experienced the largest drop among the losers, falling 9.7%. Other notable movers included MediaCo Holding (MDIA), Leafly Holdings (LFLY), and GD Culture Group (GDC) on the gainers' side, and HWH International (HWH), Brera Holdings (BREA), and Global Mofy Metaverse (GMM) among the losers.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 12:10 pm

Biophytis S.A. (NASDAQ:BPTS) shares surged by 55% in pre-market trading after reporting a significant reduction in FY23 loss per share compared to the previous year. Other stocks also showed notable movements in pre-market trading, with several companies experiencing gains or losses based on recent developments, financial results, or market reactions.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 10:05 am

In Friday's after-market session, several Communication Services stocks experienced notable movements. Spok Holdings, TuanChe, Fangdd Network Group, Lytus Technologies Hldgs, Vimeo, and ZoomInfo Technologies were among the gainers, with increases ranging from 1.96% to 3.1%. Conversely, Asset Entities, Able View Global, Mobile Global Esports, MediaCo Holding, Anghami, and Collective Audience saw declines between 3.37% and 7.2%. Asset Entities' drop was highlighted with a reference to its Q4 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 8:31 pm

Ulta Beauty, Inc. (ULTA) shares fell by 13.7% following a weak outlook presented at the J.P. Morgan Retail Roundup. Other stocks experienced significant movements, with ARCA biopharma, Inc. (ABIO) and Kintara Therapeutics, Inc. (KTRA) seeing substantial gains due to merger agreements. Vanda Pharmaceuticals Inc. (VNDA) and VivoPower International PLC (VVPR) also saw notable increases. On the downside, Casa Systems, Inc. (CASA) and View, Inc. (VIEW) plummeted after filing for Chapter 11 bankruptcy.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 5:56 pm

In Wednesday's pre-market session, several Communication Services stocks showed notable movements. Gainers included Chicken Soup for the Soul (CSSE), FingerMotion (FNGR), GD Culture Group (GDC), AST SpaceMobile (ASTS), Fluent (FLNT), and Clear Channel Outdoor (CCO), with increases ranging from 4.45% to 6.6%. Losers were HWH International (HWH), Gaxos.AI (GXAI), SPAR Group (SGRP), Innovid (CTV), Anghami (ANGH), and MoneyHero (MNY), with declines between 4.06% and 18.2%. Notably, ASTS, FLNT, and SGRP had recent Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 12:09 pm

Anghami Inc. (NASDAQ:ANGH) and OSN+ have completed a transaction where OSN Group acquired a 55.45% majority stake in Anghami at a valuation of $3.69 per share. This deal, expected to create a company with over 120 million users and $100 million in revenue, has led to ANGH shares dropping 8.29% to $1.79.

Portfolio Pulse from Lekha Gupta

April 02, 2024 | 2:14 pm

Anghami's stock price increased following the announcement of completing its transaction with OSN+. This development could signal a positive outlook for Anghami, as partnerships or acquisitions often aim to enhance a company's offerings or market position.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:22 pm

Anghami and OSN+ have successfully closed a milestone transaction, with OSN Group acquiring a majority stake in Anghami at a valuation of $3.69 per share. The deal has received all necessary regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:14 am

Lifecore Biomedical's shares plummeted by 31.7% after announcing the conclusion of its strategic evaluation process, management changes, and board reshuffling. Other stocks experienced significant movements, with gainers like ETAO International and XTL Biopharmaceuticals seeing sharp increases due to a reverse stock split and acquisition news, respectively. Losers included NuScale Power Corporation, which dropped 28% following a downgrade by Wells Fargo, and Ontrak, Inc., which fell 26% after a previous day's surge.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 6:03 pm

In Tuesday's intraday session, several Communication Services stocks experienced significant movements. National CineMedia (NCMI) led the gainers with a 23.0% increase following their Q4 earnings release. Other notable gainers include Onfolio Holdings (ONFO), Treasure Global (TGL), HWH International (HWH), Ucloudlink Group (UCL), and Cardlytics (CDLX), all experiencing upward movements post their Q4 earnings announcements. Conversely, Global Mofy Metaverse (GMM), WiMi Hologram Cloud (WIMI), Anghami (ANGH), Chicken Soup for the Soul Entertainment, Inc. - 9.50% Notes due 2025 (CSSEN), Direct Digital Holdings (DRCT), and HUYA (HUYA) were among the losers, with HUYA also releasing its Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:31 pm

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