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AREN

The Arena Group Holdings, Inc.

https://www.thearenagroup.net

Industry

Internet Content & Information

The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorporated in 1990 and is based in New York, New York.

Open

1.53

Mkt cap

72M

Volume

330K

High

1.57

P/E Ratio

-1.11

52-wk high

4.74

Low

1.40

Div yield

N/A

52-wk low

0.56

The Arena Group Holdings, Inc. (NYSE American: AREN) reported its first-ever profitable quarter with a net income of $4.0 million for Q3 2024, marking a significant positive swing of over $13.6 million in quarterly income due to its business transformation plan.

Portfolio Pulse from

November 14, 2024 | 9:30 pm

Pan American Silver Corp. has received regulatory approval from the Government of Canada for the sale of its La Arena gold mine and La Arena II project in Peru to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group.

Portfolio Pulse from

November 05, 2024 | 11:30 pm

The Arena Group Holdings shares rose following the announcement of a year-over-year increase in Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:09 pm

The Arena Group Holdings reported a Q2 EPS of $(0.28), an improvement from $(0.88) year-over-year, while revenue decreased to $27.183 million from $34.072 million.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:08 pm

Arena Group has filed a lawsuit against ABG and Minute Media, alleging theft of technology and seeking $200 million in damages.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:34 pm

The Arena Group has announced the appointment of Sara Silverstein as its new Chief Executive Officer. This strategic move aims to leverage Silverstein's expertise to drive the company's growth and innovation.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 11:09 am

Sports Illustrated, a 70-year-old iconic sports magazine, has been saved from closure by Minute Media, which has become its new publisher. Authentic Brands Group, the owner of Sports Illustrated's intellectual property rights, announced the deal, which includes Minute Media's plan to retain and rehire some staff. The magazine has faced challenges, including layoffs and managerial changes, but this deal marks a pivotal moment for its future. Authentic Brands Group will also acquire an equity stake in Minute Media as part of the agreement. Arena Group Holdings Inc (NASDAQ:AREN) previously missed a $2.8-million payment to Authentic Brands Group, leading to job cuts and the termination of their licensing agreement.

Portfolio Pulse from Vandana Singh

March 20, 2024 | 2:01 pm

In Wednesday's pre-market session, several communication services stocks showed significant movement. Sound Group (SOGP) led the gainers with a 95.5% increase, while Pop Culture Gr (CPOP) experienced the largest decline at 19.3%. Other notable movers include NFT (MI), Onfolio Holdings (ONFO), and Charge Enterprises (CRGE) on the gainers' side, and Arena Group Holdings (AREN), Able View Global (ABLV), and Shutterstock (SSTK) among the losers. Shutterstock's drop was attributed to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 1:06 pm

Insiders at EMCORE, Beasley Broadcast, and Arena Group have recently made significant stock purchases, signaling potential confidence in their companies despite recent challenges. EMCORE's insider bought shares after disappointing Q1 results, Beasley Broadcast's insider purchase followed weak Q4 sales, and Arena Group's insider buying came after the CEO's termination.

Portfolio Pulse from Avi Kapoor

February 20, 2024 | 1:30 pm

In Monday's pre-market session, several Communication Services stocks showed significant movements. Gaxos.AI, Pop Culture Gr, and Oriental Culture Holding were among the top gainers, with Gaxos.AI leading at a 339.2% increase. On the downside, Roku, Yelp, and Brera Holdings faced notable declines, with Roku dropping 18.3%. Trade Desk's stock rose by 18.13% following its Q4 earnings report released two days ago, while Roku and Yelp also released their Q4 earnings, leading to their stock declines.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 1:05 pm

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