The Arena Group Holdings, Inc. (AREN)

🇺🇸NYSE

0.81 +0.0043 (0.53%)

At close: Jul 05, 2024, 4:00 PM

Market Cap24M
Days Range0.755 - 0.81
52 Week Range4.74 - 0.6
Volume1413
EPS (ttm)-2.19
PE Ratio-0.37

-3.07% (1D)

The Arena Group Holdings, Inc. News

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1 week ago - globenewswire.com

Xtract One Technologies Selected by NHL's Stanley Cup Winning Florida Panthers to Secure Entrances at Amerant Bank Arena, Baptist Health IcePlex, and FTL War Memorial

Xtract One Selected by NHL's Stanley Cup Winning Florida Panthers to Secure Entrances at Amerant Bank Arena, Baptist Health IcePlex & FTL War Memorial


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3 weeks ago - newsfilecorp.com

Beckstone Live Debuts UAE's First-Ever 'Mandopop' Concert with Superstar Jeff Chang at Dubai's Coca-Cola Arena

Dubai, United Arab Emirates--(Newsfile Corp. - June 12, 2024) - Beckstone Live, the famous Asian-Pacific promoter presented 'Prince of Love Songs' JEFF CHANG's sell-out CONTINUUM ∞ world tour to Dubai's Coca-Cola Arena on Sunday. It became the first promotor to bring Chinese-language superstar to perform in the UAE and the MENA region.


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3 weeks ago - businesswire.com

Awareness of Brain Health is Growing, but Many Are Too Afraid to Seek Help, Parade/Cleveland Clinic Survey Finds

LAS VEGAS--(BUSINESS WIRE)--June is Alzheimer's and Brain Awareness Month and a new survey from Parade and Cleveland Clinic shows many Americans (69%) are thinking at least once a year about their risk of developing brain health issues such as Alzheimer's disease or dementia. However, many do not get care when they experience symptoms. In the survey, 36% of people under 50 and nearly one-fourth of individuals aged 50-64 said they have experienced memory or brain health issues but were too afrai.


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3 weeks ago - businesswire.com

The Arena Group Accuses Sports Illustrated Owner, ABG, of Theft

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN), has filed a lawsuit against ABG, who own the rights to Sports Illustrated, and against Minute Media, for theft of Arena's technology. The lawsuit highlights how ABG conspired to steal the crown jewel of Arena's business – the proprietary code technology and trade secrets comprising the valuable internet platform Arena developed at a significant expense. “These guys stole our most valuable property, our digital platform code, and.


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3 weeks ago - businesswire.com

The Arena Group Sets Sail with New Email Newsletter, "Come Cruise With Me"

NEW YORK--(BUSINESS WIRE)--The Arena Group, an innovative media company, has launched a new free email newsletter, Come Cruise With Me. The newsletter is a complete guide to navigating the world of cruise vacations, from booking to boarding and beyond. “Come Cruise With Me is about building community where we can spread our love for cruising and help people make their cruises better,” said Dan Kline, executive editor at of Come Cruise With Me and editor at large for The Arena Group. “We want to.


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3 weeks ago - investors.com

Abbott Snags U.S. Clearance To Enter The Obesity Arena, Rivaling Dexcom

Abbott Laboratories gained U.S. clearance Monday for a pair of new CGMs. The news could push Abbott stock closer to a breakout.


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1 month ago - seekingalpha.com

Charting 2024's ETF Boom - Ether Entering The Arena?

Amid a lack of Wall Street dealmaking this year, ETF issuers have been busy crafting new strategies. Our data show that 2024 paces to be a banner year for new US ETFs. Option ETFs, leveraged single-stock funds, and crypto are all big themes – with a newcomer set to grab the headlines.


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1 month ago - https://feeds.newsfilecorp.com

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. - EVLV;EVLVW

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. - EVLV;EVLVW May 20, 2024 10:18 AM EDT | Source: Pomerantz LLP New York, New York--(Newsfile Corp. - May 20, 2024) - Pomerantz LLP announces that a class action lawsuit has been filed against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. ("Evolv" or the "Company") (NASDAQ: EVLV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Evolv and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.You have until May 24, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired Evolv securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action]On November 2, 2022, before market hours, IPVM, which describes itself as the "world's leading authority on physical security technology", released a report entitled "BBC Exposes Evolv with IPVM Research," which stated that "[a] BBC special report based on 1,000+ pages of documents obtained by IPVM has exposed security screening manufacturer Evolv for deceptive marketing and colluding with NCS4, a public entity, to hide test results showing failures at weapons screening." That same day, BBC released an article entitled "Manchester Arena's weapon scanning tech questioned," which revealed documents shared with the BBC by IPVM suggest the Company may fail to detect certain types of knives, as well as some bombs and components. On this news, the price of Evolv stock fell by $0.08, or 2.73% to close at $2.85 on November 2, 2022. The next day, Evolv's stock price fell a further $0.16, or 5.6%, to close at $2.69. Then, on May 23, 2023, BBC News published an article entitled "AI scanner used in hundreds of US schools misses knives," which stated that "[a] security firm that sells AI weapons scanners to schools is facing fresh questions about its technology after a student was attacked with a knife that the $3.7 [million] system failed to detect." On this news, the price of Evolv stock fell by $0.45, or 7.56%, to close at $5.50 on May 23, 2023. Then, On October 12, 2023, before the market opened, Evolv filed with the United States ("U.S.") Securities and Exchange Commission ("SEC") a Current Report on Form 8-K which stated that on October 12, 2023, the Company announced that the U.S. Federal Trade Commission had requested information about certain aspects of its marketing practices. On this news, the price of Evolv stock fell $0.58 per share, or 13.33%, to close at $3.77 on October 12, 2023. Then, on October 25, 2023, during market hours, IPVM released an article entitled "Why We Believe Evolv Express Is Not Actually Intelligent," which stated, in part, that "[w]hile Evolv prominently markets 'AI' (Artificial Intelligence), we do not believe Evolv Express is actually intelligent because it struggles to differentiate small knives from cell phones and guns from laptops, capabilities that we believe are basic to being an 'intelligent' weapons detector." On this news, the price of Evolv stock fell $0.06, or 1.48%, to close at $3.99 on October 25, 2023. Then, on February 20, 2024, before the market opened, Evolv filed with the SEC a current report on Form 8-K, attached to which was a press release entitled "Evolv Technology Provides Regulatory Update," which stated, in pertinent part, that "on Friday, February 16, 2024 the SEC notified the Company it was initiating an investigation that was described as a confidential 'non-public, fact finding inquiry.'" On this news, the price of Evolv stock fell by $0.82 per share, or 15.67%, to close at $4.41 on February 20, 2024. Finally, on March 13, 2024, the BBC released an article entitled "AI weapons scanner backtracks on UK testing claims," which revealed that Evolv told BBC News it had altered its claims about UK testing to "better reflect the process taken." On this news, the price of Evolv stock fell by $0.13 per share, or 3.51%, to close at $3.57 on March 13, 2024. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz [email protected] ext. 7980To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209493 SOURCE: Pomerantz LLP Learn more about Bill C-18 and how it will affect Canadian users when viewing news online.


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1 month ago - https://feeds.newsfilecorp.com

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. - EVLV;EVLVW

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. - EVLV;EVLVW May 19, 2024 10:17 AM EDT | Source: Pomerantz LLP New York, New York--(Newsfile Corp. - May 19, 2024) - Pomerantz LLP announces that a class action lawsuit has been filed against Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. ("Evolv" or the "Company") (NASDAQ: EVLV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Evolv and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.You have until May 24, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired Evolv securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action]On November 2, 2022, before market hours, IPVM, which describes itself as the "world's leading authority on physical security technology", released a report entitled "BBC Exposes Evolv with IPVM Research," which stated that "[a] BBC special report based on 1,000+ pages of documents obtained by IPVM has exposed security screening manufacturer Evolv for deceptive marketing and colluding with NCS4, a public entity, to hide test results showing failures at weapons screening." That same day, BBC released an article entitled "Manchester Arena's weapon scanning tech questioned," which revealed documents shared with the BBC by IPVM suggest the Company may fail to detect certain types of knives, as well as some bombs and components. On this news, the price of Evolv stock fell by $0.08, or 2.73% to close at $2.85 on November 2, 2022. The next day, Evolv's stock price fell a further $0.16, or 5.6%, to close at $2.69. Then, on May 23, 2023, BBC News published an article entitled "AI scanner used in hundreds of US schools misses knives," which stated that "[a] security firm that sells AI weapons scanners to schools is facing fresh questions about its technology after a student was attacked with a knife that the $3.7 [million] system failed to detect." On this news, the price of Evolv stock fell by $0.45, or 7.56%, to close at $5.50 on May 23, 2023. Then, On October 12, 2023, before the market opened, Evolv filed with the United States ("U.S.") Securities and Exchange Commission ("SEC") a Current Report on Form 8-K which stated that on October 12, 2023, the Company announced that the U.S. Federal Trade Commission had requested information about certain aspects of its marketing practices. On this news, the price of Evolv stock fell $0.58 per share, or 13.33%, to close at $3.77 on October 12, 2023. Then, on October 25, 2023, during market hours, IPVM released an article entitled "Why We Believe Evolv Express Is Not Actually Intelligent," which stated, in part, that "[w]hile Evolv prominently markets 'AI' (Artificial Intelligence), we do not believe Evolv Express is actually intelligent because it struggles to differentiate small knives from cell phones and guns from laptops, capabilities that we believe are basic to being an 'intelligent' weapons detector." On this news, the price of Evolv stock fell $0.06, or 1.48%, to close at $3.99 on October 25, 2023. Then, on February 20, 2024, before the market opened, Evolv filed with the SEC a current report on Form 8-K, attached to which was a press release entitled "Evolv Technology Provides Regulatory Update," which stated, in pertinent part, that "on Friday, February 16, 2024 the SEC notified the Company it was initiating an investigation that was described as a confidential 'non-public, fact finding inquiry.'" On this news, the price of Evolv stock fell by $0.82 per share, or 15.67%, to close at $4.41 on February 20, 2024. Finally, on March 13, 2024, the BBC released an article entitled "AI weapons scanner backtracks on UK testing claims," which revealed that Evolv told BBC News it had altered its claims about UK testing to "better reflect the process taken." On this news, the price of Evolv stock fell by $0.13 per share, or 3.51%, to close at $3.57 on March 13, 2024. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz [email protected] ext. 7980To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209492 SOURCE: Pomerantz LLP


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1 month ago - prnewswire.com

The Arena Group More Than Doubles Video Revenue and Drives Audience Engagement with Online Video Platform EX.CO

NEW YORK , May 9, 2024 /PRNewswire/ -- EX.CO, the publisher video platform powering successful video strategies for the world's leading media groups, today announced results from a recent case study of its partnership with media giant The Arena Group (NYSE American: AREN). The collaboration has driven 115% higher gross RPMs for video on average and a 27% increase in user dwell time across their network of sites, which include Men's Journal and Parade, within a six-month time period.


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2 months ago - kitco.com

Pan American Silver announces the sale of La Arena for $245 million to Zijin Mining

Kitco News - Pan American Silver (NYSE: PAAS) announced today it will sell its 100% interest in La Arena S.A. , which owns the La Arena gold mine as well as the La Arena II project in Peru, to Zijin Mining Group for $245 million cash upfront and a $50 million contingent payment.


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2 months ago - businesswire.com

SURFER Announces Partnership With 2024 Big Wave Challenge

NEW YORK--(BUSINESS WIRE)--The Arena Group, owner of SURFER, announced today its sponsorship of the 2024 Big Wave Challenge. Partnering with legendary big wave media pioneer Bill Sharp, co-producer of HBO's 100 Foot Wave, the reinvigorated Big Wave Challenge will recognize and celebrate the accomplishments of the world's best big wave surfers and content creators, awarding a total of $150,000 in prize money. The announcement aligns with the relaunch of SURFER and a special edition print magazin.


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2 months ago - businesswire.com

SURFER Announces New Editor-in-Chief, Special Edition Print Magazine

NEW YORK--(BUSINESS WIRE)--The Arena Group announces the return of SURFER with a special print edition due out this summer. First published in 1960, this marks the revival of premium surf journalism, world-class photography, as well as a number of other exciting projects in the works. The relaunch of SURFER coincides with the appointment of Jake Howard as the brand's new editor-in-chief. A fixture in the surf publishing world for more than 25 years, he brings a wide array of experiences to the.


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2 months ago - businesswire.com

The Arena Group Appoints Sara Silverstein as Chief Executive Officer

NEW YORK--(BUSINESS WIRE)--On April 19, 2024, the Board of Directors of The Arena Group Holdings, Inc. (NYSE American: AREN) appointed Sara Silverstein as the Company's Chief Executive Officer, effective immediately. Cavitt Randall will remain Chairman of the Board and continue to be an active voice and asset to the leadership team. Silverstein joined Arena Group to manage TheStreet in 2021. Under her leadership as General Manager of the Finance Arena, TheStreet became one of the fastest-growin.


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3 months ago - businesswire.com

The Arena Group to Host Investor Update Call on Tuesday April 9

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN), today announced that it will host an investor update call on April 9, 2024 at 4:30pm ET. To access the call, interested parties should use one of the below links: Webcast link for interested listeners: https://edge.media-server.com/mmc/p/rd23tmvh/ Dial-in registration participant call link: https://tinyurl.com/ARENupdate Following the conclusion of the live call, a replay of the webcast will be available on the Investor Relations.


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4 months ago - investorplace.com

Penny Power Players: 3 Stocks to Watch in the Microcap Arena

There are some great microcap stocks for investors to scoop up this month. The broader indices, such as the S&P 500 and the Nasdaq, are showing signs of both strength and weakness, but I believe that there's still a lot of gas left in the tank for these to surge higher.


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4 months ago - businesswire.com

Manoj Bhargava Invests $12 Million More in The Arena Group

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group (NYSE American: AREN) announced that its largest shareholder, Simplify Inventions, LLC, is increasing its investment in the company by providing an additional $12 million in equity at an 85% premium over yesterday's closing stock price. This is intended to help sustain the company during its transformation. https://arenagroup.gcs-web.com/node/11216/html “This infusion of cash is needed to help The Arena Group transition to a profitable, multi-me.


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5 months ago - marketwatch.com

Arena Group's stock plummets over 30% after losing rights to Sports Illustrated, laying off staff

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.


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5 months ago - businesswire.com

The Arena Group Announces Workforce Reductions in Strategic Move to Transform the Business Model

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group (NYSE American: AREN) has announced a significant reduction in its workforce of over 100 employees. The Company, which has substantial debt and recently missed payments, is completing these cost-cutting measures to initiate a transformative shift towards a streamlined business model. In parallel, the Company is actively engaged in negotiations with Bridge Media Networks, LLC, (“Bridge Media”) a wholly owned subsidiary of Simplify Inventions, LLC.


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6 months ago - marketwatch.com

Arena Group shares tumble after interim CEO of Sports Illustrated parent company steps down

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.


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6 months ago - marketwatch.com

Arena Group, parent of Sports Illustrated, fires CEO Ross Levinsohn

Arena Group Holdings AREN, -7.75%, whose brands include Sports Illustrated and TheStreet, said it terminated the employment of Chief Executive Ross Levinsohn, and named Manoj Bhargava as interim CEO, effective Monday.


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6 months ago - businesswire.com

The Arena Group Announces Termination Of CEO Ross Levinsohn, Appoints Manoj Bhargava As Interim CEO

NEW YORK--(BUSINESS WIRE)--Today, the board of directors of The Arena Group Holdings, Inc. (NYSE American: AREN) met and took actions to improve the operational efficiency and revenue of the company. The board terminated the employment of CEO Ross Levinsohn, and named Manoj Bhargava as interim Chief Executive Officer, both effective today. This follows actions last week, in which the company terminated the employment of operations president and COO Andrew Kraft, media president Rob Barrett, and.


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7 months ago - seekingalpha.com

The Arena Group Holdings, Inc. (AREN) Q3 2023 Earnings Call Transcript

The Arena Group Holdings, Inc. (NYSE:AREN ) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Rob Fink - FNK Investor Relations Ross Levinsohn - Chairman and Chief Executive Officer Doug Smith - Chief Financial Officer Andrew Kraft - Chief Operating Officer Conference Call Participants Mark Argento - Lake Street Capital Markets Daniel Day - B. Riley Securities Operator Good day, and thank you for standing by.


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7 months ago - businesswire.com

The Arena Group Reports Third Quarter 2023 Financial Results; Advances Bridge Media Acquisition

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 320 brands, including Sports Illustrated, TheStreet, Parade Media (“Parade”), Men's Journal, and HubPages, today announced financial results for the three and nine months ended September 30, 2023 (“Q3 2023”). The Company once again generated year-over-year revenue growth (up 11%), expanded its gross mar.


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8 months ago - businesswire.com

The Arena Group to Host Third Quarter 2023 Financial Results Conference Call on Tuesday, November 14

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media (“Parade”), Men's Journal, and HubPages, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Tuesday, November 14, 2023 following the close of the market. Ross Levinsohn, The Arena Group's Chief Execu.