The Arena Group Holdings, Inc.
ARENThe Arena Group Holdings, Inc. (AREN) is a digital media company that owns and operates a portfolio of content brands across various lifestyle, entertainment, news, and sports categories. The company focuses on creating, acquiring, and managing online platforms and media properties aimed at targeted audiences, generating revenue primarily through advertising, subscriptions, and e-commerce.
Company News
The Dow Jones index closed lower by more than 100 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable ins...
Shares of Arena Group Holdings Inc. dropped more than 30% on Friday after the ailing media company lost its license to publish Sports Illustrated and the union for the famed publication said "possibly all" union-member staff could be laid off as a result.
Shares of RxSight, Inc. (NASDAQ: RXST) rose sharply during Monday’s session after the company issued preliminary FY23 and FY24 revenue guidance above estimates. Also, Needham maintained a Buy rating on the stock and raised its price target from $35 to $41. RxSight shares jumped 20% to $44.31 on Monday. Here are some other stocks moving in toda...
Shares of LumiraDx Limited (NASDAQ: LMDX) shares fell sharply in pre-market trading. LumiraDx announced its securities will be suspended from trading on Nasdaq at the open of business on Jan. 9th. LumiraDx shares dipped 30.5% to $0.0239 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Harpoon Therapeutics...
Arena Group Holdings Inc., the media company that runs Sports Illustrated and TheStreet, said Friday that interim Chief Executive Manoj Bhargava had resigned to steer clear of potential conflicts, and that it had missed some payments and tapped a consulting firm to help shore up its finances.
