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OLB Group Inc - OLB STOCK NEWS

Welcome to our dedicated news page for OLB Group (Ticker: OLB), a resource for investors and traders seeking the latest updates and insights on OLB Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OLB Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OLB Group's position in the market.

News
OLB Group Provides Shareholder Update Prior to Upcoming Special Shareholder Meeting April 26, 2024, at 10:00 AM Eastern
Rhea-AI Summary
The OLB Group, Inc. provides a shareholder update ahead of the upcoming special shareholder meeting on April 26, 2024, to consider a one-for-ten reverse stock split and the spinoff of its Bitcoin mining subsidiary. The company aims to increase its share price to maintain Nasdaq listing and segregate assets efficiently for the Spinoff. Despite concerns about capital, the company remains debt-free and does not anticipate dilutive equity financing. Shareholders can submit questions for the meeting and access a FAQ section on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.04%
Tags
none
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News
OLB Group to Conduct Fourth Quarter and 2023 Annual Report Call Today, April 15
Rhea-AI Summary
OLB Group, a Fintech eCommerce merchant services provider and Bitcoin mining enterprise, will conduct an Earnings Conference Call on April 15, 2024, at 4:30 PM Eastern Time. Shareholders and investors can participate by registering in advance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.83%
Tags
none
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News
OLB Group Adds Seven Additional Minor League Baseball Teams to Roster of Clients Using Omni Commerce Services and Payment Acceptance Solutions
Rhea-AI Summary
The OLB Group, Inc. expands into the Mid America League through EZ Sports Technologies to integrate eCommerce services, benefiting small- and mid-size merchants. OLB's technology platform will be used by new college baseball teams in the league, enhancing sales, customer service, and operations. The partnership aims to offer digital commerce solutions to improve revenue generation and profitability for merchants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
none
News
OLB Group Announces Market Relaunch of Black Wireless
Rhea-AI Summary
OLB Group, Inc. expands into the unbanked sector with eSIM technology through the market launch of two wireless phone provider resellers, Black Wireless and Mango Mobile. The subsidiary, Black Wireless, offers eSIM and physical SIM delivery, targeting the unbanked and budget-savvy consumer sector. CEO Ronny Yakov anticipates significant revenue growth with over 20,000 retail and dealers onboard.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
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News
OLB Group Announces Financial Results for 2023 Third Quarter
Rhea-AI Summary
OLB Group, Inc. (NASDAQ: OLB) announced its Q3 2023 financial results, showing a 55.2% increase in revenue year over year, a decrease in net loss, and an increase in adjusted EBITDA. Key business highlights include the commencement of a spinoff of Dmint, electrical and structural upgrades to the Selmer, TN facility, increased revenue from Black011.com, and the deployment of a POS system to bodega/convenience store channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.82%
Tags
earnings
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News
OLB Group to Conduct Second Quarter Earnings Call November 15
Rhea-AI Summary
The OLB Group, Inc. (NASDAQ:OLB) announces an Earnings Conference Call on November 15, 2023, at 4:30 PM Eastern Daylight Time, inviting shareholders and interested investors to participate. Questions can be submitted after registering and during the call. Register in advance for the webinar.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
earnings
News
OLB Group Inc. to Participate in 2023 M-Vest Virtual Tech Conference Series on October 10 - October 11
Rhea-AI Summary
OLB Group, Inc. (NASDAQ:OLB) CEO to present at 2023 Virtual Tech Conference Series
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
conferences
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News
OLB Group Retains Maxim Group to Facilitate Spinoff of its DMint Cryptocurrency Mining Subsidiary
Rhea-AI Summary
OLB Group engages Maxim Group for potential spin-off of DMint, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.02%
Tags
none
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News
OLB Group to Present at 25th Annual H.C. Wainwright Global Investment Conference
Rhea-AI Summary
OLB Group, Inc. CEO to present at H.C. Wainwright 25th Annual Global Investment Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.82%
Tags
conferences
News
OLB Group, Inc. to Conduct Virtual Presentation at Investor Summit on Wednesday, August 30
Rhea-AI Summary
OLB Group, Inc. CEO to give virtual presentation on August 30th
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.68%
Tags
none
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OLB Group Inc

Nasdaq:OLB

OLB Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

OLB Stock Data

10.08M
8.69M
42.37%
7.49%
0.07%
Data Processing, Hosting, and Related Services
Information
Link
United States
New York

About OLB

the olb group, inc. operates as a fintech and payment facilitator company in the united states. it offers omnisoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; evance, a payment processing solution; securepay, a payment gateway and virtual terminal with proprietary business management tools; and crowdpay.us, a white label capital raising platform. the company also operates shopfast, a cloud-based omni-channel platform that enables consumers to purchase products and services from websites of clients across variopus business sectors. in addition, it provides ecommerce development and consulting services. the company was founded in 1993 and is headquartered in new york, new york.