Stagwell (STGW) Stock

UNICEPTA to join Stagwell Marketing Cloud's PRophet Comms Tech Suite NEW YORK and COLOGNE, Germany , Dec. 17, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has entered into an agreement to acquire UNICEPTA, the leading global media monitoring and analytics platform. The company will join Stagwell Marketing Cloud's PRophet Comms Tech Suite of AI-powered offerings purpose-built for modern PR and marketing professionals.

Stagwell's recent acquisitions and international expansion are expected to drive significant revenue growth and synergies in 2025 and 2026. The company's diversified customer base and global affiliate network reduce revenue volatility and offer potential for future acquisitions. Positive financial performance, including net income and free cash flow growth, supports the view that STGW is undervalued at current market prices.

Former President and CRO of The People Platform will transition to CEO effective immediately  NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Marketing Cloud's The People Platform™, an enterprise software company that leverages mobile and location data to map and sequence consumer behavior patterns, today announced the appointment of George Brady as CEO. Prior to this appointment, Brady held the positions of President and Chief Revenue Officer at The People Platform.

SAN FRANCISCO , Dec. 2, 2024 /PRNewswire/ -- Effective today, Ray Day becomes Allison Worldwide executive chairman while continuing his role as Stagwell vice chair. Allison Worldwide Chairman Scott Allison and Vice Chair Andy Hardie-Brown, co-founders of the award-winning global integrated marketing and communications agency, are stepping down from their roles and moving to an advisor capacity.

NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Blue Horse (Malaysia) and DashDigital (South Africa) to its Global Affiliate Network to further its full-service and specialty digital solutions for clients worldwide. Through its Global Affiliate Program, Stagwell provides global full-service capabilities ensuring clients receive best-in-class service and solutions tailored to their priority markets.

Stagwell continues to demonstrate high single-digit growth, driven by strong new business wins and expanding digital transformation and marketing cloud segments. STGW's 3Q24 results showed 8.5% y/y net revenue growth, with significant contributions from Integrated Agencies, Brand Performance, and Communications Networks. Despite economic headwinds, STGW's robust client relationships and strategic acquisitions support a positive growth outlook, warranting a buy rating.

NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective November 14, 2024, the Company granted a total of 55,406 restricted stock units to six new employees.

Survey fielded after the U.S. presidential election reveals 57% of U.S. adults say misinformation and "fake news" are key issues impacting trust in news media Notwithstanding, 71% of Americans believe companies should advertise in news media, viewing it as essential support for journalism WASHINGTON , Nov. 15, 2024 /PRNewswire/ -- 65% of Americans say advertising in news is important, though trust challenges remain, according to a survey Stagwell (NASDAQ: STGW) released on November 14 as part of its Future of News initiative. The post-election flash poll conducted by Stagwell and its research consultancy HarrisX, which surveyed 1,510 U.S. adults between November 11-12, reveals Americans' perspectives on the media landscape, factors influencing their trust in news media and public support for brand advertising in news.

Co-Founders Anthony and Swann will collaborate with Stagwell across the challenger network's events ecosystem NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced an expanded partnership with the global wine brand, VII(N) The Seventh Estate, co-founded by 10-time NBA All-Star and entrepreneur Carmelo Anthony and long-time business partner Asani Swann. This multi-pronged creative partnership builds upon the co-founders' existing relationship with Stagwell, which originated at Sport Beach 2023, the flagship sports business destination at the Cannes Lions International Festival of Creativity.