Streetbeat News

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

In Friday's after-market session, several communication services stocks experienced notable movements. Gainers included NFT (MI), Phoenix New Media (FENG), So-Young Intl (SY), Fangdd Network Group (DUO), MoneyHero (MNY), and Arena Group Holdings (AREN), with increases ranging from 3.24% to 8.4%. Conversely, losers were Gaxos.AI (GXAI), AirNet Technology (ANTE), Brera Holdings (BREA), EchoStar (SATS), FaZe Hldgs (FAZE), and trivago (TRVG), with decreases ranging from 4.52% to 18.0%.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 9:31 pm

In Friday's pre-market session, several communication services stocks showed significant movement. Pop Culture Gr (CPOP) led the gainers with a 272.9% increase, while Trade Desk (TTD) also saw a notable rise of 18.68% following their Q4 earnings release. On the losing side, Roku (ROKU) experienced a 16.7% decrease after their Q4 earnings, and Yelp (YELP) dropped by 9.89%. Other stocks mentioned include MultiMetaVerse Holdings (MMV), Leafly Holdings (LFLY), AirNet Technology (ANTE), Grom Social Enterprises (GROM), Brera Holdings (BREA), Arena Group Holdings (AREN), ZW Data Action Tech (CNET), and Cheer Holding (CHR).

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 1:06 pm

In Thursday's intraday session, several communication services stocks experienced significant movements. Notably, BuzzFeed (BZFD) surged by 52.8%, while Treasure Global (TGL) plummeted by 44%. Other notable movers include Cheer Holding (CHR), AirNet Technology (ANTE), and Motorsport Games (MSGM) with substantial gains, and Cineverse (CNVS) and Manchester United (MANU) with notable losses. Earnings reports released yesterday influenced some of these movements.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:31 pm

In Thursday's pre-market session, several communication services stocks showed significant movement. Gainers included 36KR Holdings, Fangdd Network Group, Arena Group Holdings, Altice USA, Grom Social Enterprises, and Starbox Group Holdings with increases ranging from 7.99% to 20.3%. On the losing end, Treasure Global, Cineverse, Brera Holdings, Manchester United, VS Media Holdings, and Gamer Pakistan saw declines between 8.75% and 38.0%. Notably, Altice USA's rise followed its Q4 earnings release, while Treasure Global and Cineverse's drops were after their Q2 and Q3 earnings announcements, respectively.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:06 pm

The Arena Group (NYSE:AREN) announced a $12M equity investment from its largest shareholder, Simplify Inventions, LLC, at an 85% premium over the last closing price. This investment raises Simplify's stake to 54.5% and is aimed at supporting the company's transition to a profitable multi-media business. Additionally, The Arena Group is negotiating a new publishing license with Authentic Brands Group and is involved in a proposed merger with Bridge Media Networks to form The Arena Group Holdings, Inc., which is expected to enhance its digital media portfolio and revenue opportunities.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:54 pm

In Thursday's pre-market session, several Communication Services stocks showed notable movements. Global Mofy Metaverse (GMM) led the gainers with a 27.0% increase following their FY earnings release. Other gainers included Asset Entities (ASST), Brera Holdings (BREA), BuzzFeed (BZFD), and Taboola.com (TBLA). On the losing side, Gaxos.AI (GXAI) experienced the largest decline at 17.6%, followed by Arena Group Holdings (AREN), Chicken Soup for the Soul (CSSE), Pop Culture Gr (CPOP), Starbox Group Hldgs (STBX), and Hanryu Holdings (HRYU).

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:06 pm

In Thursday's after-market session, several communication services stocks experienced movement. Grom Social Enterprises (GROM), LQR House (LQR), FaZe Hldgs (FAZE), Sify Technologies (SIFY), GD Culture Group (GDC), and FingerMotion (FNGR) saw gains, while Nexxen International (NEXN), Charge Enterprises (CRGE), Arena Group Holdings (AREN), T-Mobile US (TMUS), VS Media Holdings (VSME), and Lytus Technologies Hldgs (LYT) experienced declines. Notably, T-Mobile US's Q4 earnings were released.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:31 pm

During Thursday's intraday session, several communication services stocks experienced significant movements. Arena Group Holdings (AREN) saw a 22.2% increase, while Charge Enterprises (CRGE) rose by 14.19%. Zedge (ZDGE) and CuriosityStream (CURI) also saw gains of 11.58% and 10.95%, respectively. Lumen Technologies (LUMN) increased by 8.51%. Conversely, VS Media Holdings (VSME) dropped by 21.6%, FaZe Holdings (FAZE) by 14.16%, and other companies like Asset Entities (ASST), Gamer Pakistan (GPAK), NextPlay Technologies (NXTP), and Brera Holdings (BREA) also saw declines.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 5:31 pm

Sports Illustrated faces mass layoffs following a missed $2.8-million licensing payment by Arena Group Holdings Inc (NYSE:AREN) to Authentic Brands Group. Authentic has terminated the licensing agreement with Arena Group, which could result in the layoff of all Sports Illustrated staff. The Sports Illustrated Union and the NewsGuild of New York have issued a statement urging Authentic to continue publishing the magazine. Arena Group's stock price dropped 18.08% to $1.06.

Portfolio Pulse from Dustin Blitchok

January 19, 2024 | 6:59 pm

Trading in shares of The Arena Group Holdings has resumed after being temporarily halted.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 6:25 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.