| | & Monument Traders Alliance | Good day, 360! | Here are some of our top movers today. If you missed Jason’s interview with legendary trader, Nate Bear, you can see that here - learn or thing… or ten! Be the best prepared trader on the Street! | | FOCUS LIST🔎 | AREN- Up over 200% in the pre-market after reporting first ever profitable quarter | BENF- Up over 80% in pre after reporting better than expected earnings | SYTA - Up over 15% in pre after reporting 218% revenue increase | | *sponsored by Med-X | 200% Revenue Growth: Be Part of Their Global Expansion | | Fast-growing product expanding globally – invest now 200% revenue growth in five years Entering 41 international markets, major partnerships | Invest in Med-X Now | |
|
| | HOTLIST🔥 | AREN- Up over 200% in the pre-market after reporting first ever profitable quarter | The Arena Group Holdings Inc. (AREN) together with its subsidiaries, operates digital media platform in the United States and internationally. | In the after-hours yesterday, the company announced financial results for the three and nine months ending September 30, 2024 (Q3 2024), | Highlights Include: | Q3 2024 revenue from continuing operations was $33.6 million, compared to $37.0 million from continuing operations in Q3 2023. Net income was $4.0 million, or $0.11 in diluted earnings per share for Q3 2024, compared to a net loss of $11.2 million, or $0.47 in diluted loss per share for Q3 2023. Total operating expenses from continuing operations for Q3 2024 were $8.9 million, less than half the $18.4 million spent in Q3 2023 from continuing operations. Adjusted EBITDA for Q3 2024 was $11.2 million compared to Adjusted EBITDA of $3.1 million for Q3 2023. Arena closed a deal to license a copy of its proprietary content management system. This deal also included Arena acquiring multiple sites, including the top-tier automotive website, Autoblog. Arena extended the maturity on its line of credit with Simplify Inventions, LLC and converted $15 million of debt to common equity. | Shares of AREN traded up over 200% in the pre-market in reaction to the reported earnings. | | The first target for bulls is the pre-market high at $2.36. Beyond that, $2.80, $3.30 and $3.90 come into play. | Below $2.36, targets to the downside are $2, $1.80, $1.60, $1.53, $1.38, $1, $0.75and then a gap fill at $0.57. | | BENF- Up over 80% in pre after reporting better than expected earnings | Beneficient (BENF) is a technology-enabled financial services company that provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. | In the after-hours yesterday, the company reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. | Highlights Include: | Reported investments with a fair value of $335.0 million, increased from $329.1 million at the end of our prior fiscal year, served as collateral for Ben Liquidity's net loan portfolio of $260.7 million and $256.2 million, respectively. Revenues increased to $8.6 million in the second quarter of fiscal 2025 as compared to $(42.8) million in the same quarter of fiscal 2024. On a year-to-date basis, revenues for fiscal 2025 were $18.6 million as compared to $(45.5) million for fiscal 2024. Excluding the non-cash goodwill impairment in each period, operating expenses declined 31.9% to $22.0 million in the second quarter of fiscal 2025 as compared to $32.3 million in the same period of fiscal 2024. | Shares of BENF traded up over 80% in the pre-market in reaction to the news | | The $1.88 area acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are $2.20, $2.40, $2.50, $2.70, and then the pre-market high at $3.12. | Below $1.88, targets to the downside are $1.70, $1.55, $1.40 and then a gap fill at $1.25. | | *Together with Monument Traders Alliance | Legendary Trader’s Advice to Jason in THIS Market? | BTFD - “Buy the F’ing Dip!” | | Get Nate Bear’s Featured Ticker of the MONTH (plus BONUS picks) and trade LIVE with him every Monday @12EST (365 day $MBG)! | Limited Time DEAL @ ONLY $149/Year |
|
| | SYTA - Up over 15% in pre after reporting 218% revenue increase | Siyata Mobile Inc. (SYTA) is a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories. | In the after-hours yesterday, the company announced its financial results for the three months ended September 30, 2024. | Highlights Include: | Revenues were $5.9 million compared to $1.8 million for the three months ended September 30, 2023. Gross margin of $1.7 million, or 29.0% of revenue, compared to $0.5 million, or 26.6% of revenue, in the same period last year Net loss was $0.6 million as compared to a net loss of $1.9 million in the same period last year. | Shares of SYTA traded up over 218% in the pre-market in reaction to the news. | | The $1.42 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $1.60, $1.70 and then the after-hours high at $1.79. Beyond that, $2.09 and $2.88 come into play. | Below $1.42, targets to the downside are $1.30, a gap fill at $1.28 and then $1.10 below that. | | MARKET NEWS 📰 | | | P.S. Make sure you text “RAGE” to (888) 404-5747 to get all of our latest HOT STOCK ideas! | | Questions or concerns about our products? Email [email protected] © Copyright 2022, RagingBull | | DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer | FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. | RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. | RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. | RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. | *Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals. | WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. |
|
|
|