The Arena Group Holdings, Inc. (NYSE:AREN) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in The Arena Group Holdings, Inc. (NYSE:AREN - Free Report) by 117.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 222,340 shares of the company's stock after buying an additional 119,915 shares during the period. Geode Capital Management LLC owned about 0.47% of The Arena Group worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

The Arena Group Stock Up 0.8 %

Shares of The Arena Group stock traded up $0.04 during trading on Tuesday, reaching $5.23. The company's stock had a trading volume of 60,824 shares, compared to its average volume of 494,194. The company has a 50-day simple moving average of $2.42 and a two-hundred day simple moving average of $1.68. The Arena Group Holdings, Inc. has a 1-year low of $0.56 and a 1-year high of $5.51. The company has a market cap of $248.74 million, a price-to-earnings ratio of -1.23 and a beta of 0.55.

The Arena Group Company Profile

The Arena Group Holdings, Inc, together with its subsidiaries, operates digital media platform in 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.