STAGWELL INC Stock Price, News & Analysis

Stagwell (NASDAQ: STGW) released the September Harvard-CAPS Harris Poll, revealing President Biden's approval rating at 41%. Inflation remains the top voter concern, with skepticism surrounding the Inflation Reduction Act. The midterm race is tightly contested, showing 51% support for Democrats versus 49% for Republicans. The recent DOJ raid on Trump has not negatively impacted his standing among GOP voters. Additionally, Biden's student debt relief initiative is seen as ineffective, with only 17% of Americans feeling personally benefited. The poll highlights the need for unity rather than divisiveness in political discourse.

Stagwell (NASDAQ: STGW) announced that CFO Frank Lanuto will speak at the 30th Annual Deutsche Bank Leveraged Finance Conference on September 21, 2022, at 9:20 AM. He will also be available for one-on-one investor meetings. Interested parties can contact Michaela Pewarski, VP of Investor Relations, via email. Stagwell focuses on transforming marketing by integrating creativity with technology, serving ambitious brands globally with over 13,000 specialists in more than 34 countries.

Stagwell Chairman and CEO Mark Penn will present at George Washington University's 'Reinvigorating Democracy' event on September 14, 2022. He will discuss the results of the 'American Government in the 21st Century' annual survey, providing insights into public sentiment regarding elected officials and institutions. The session, scheduled from 12:30-1:40 p.m., includes a conversation with GSPM Founding Dean Christopher Arterton and a Q&A segment. Attendees can register to join this pivotal discussion on the future of politics.

Stagwell (NASDAQ: STGW) has expanded its Asia-Pacific presence by opening a new global office in Kuala Lumpur, Malaysia. This office follows the establishment of Stagwell's regional headquarters in Singapore in November 2021. The new location will strengthen Stagwell's collaboration with Malaysia Airlines for expanded sponsorship and advertising opportunities. Stagwell aims to leverage Malaysia's 9% GDP growth last quarter and the projected 25% growth in e-commerce transactions to enhance its services for both local and global clients.

Stagwell (NASDAQ: STGW) announced that its Chairman and CEO, Mark Penn, will participate in a fireside chat at Citi's 2022 Global Technology Conference on September 8 from 2:30-3:10 p.m. EDT. This event provides an opportunity for investors to gain insights directly from Penn. Additionally, he will be available for one-on-one investor meetings, with inquiries directed to ir@stagwellglobal.com. Stagwell aims to transform marketing through innovative technology and creative performance, with a global team of over 13,000 specialists.

Stagwell (NASDAQ: STGW) announced that Chairman and CEO Mark Penn will participate in the Benchmark Company 2022 Consumer/Media/Entertainment Conference in New York on September 7, 2022. He will be available for one-on-one investor meetings. Interested parties can schedule a meeting by contacting ir@stagwellglobal.com. Stagwell aims to transform marketing by integrating creative performance with technology, consisting of over 13,000 specialists across more than 34 countries.

On August 22, 2022, Stagwell (NASDAQ: STGW) announced a credit rating upgrade by S&P Global from B+ to BB-. This upgrade reflects the company's improving leverage and robust net organic revenue growth. The upgrade follows a previous rating increase from Moody's earlier in the summer, where Stagwell's rating was improved to B1 from B2, with a stable outlook. CEO Mark Penn emphasized the significance of this achievement as a testament to the firm's financial management and operational progress, positioning Stagwell as a leader in the digital transformation of marketing services.

The Minnesota Twins have launched ARound, a groundbreaking shared augmented reality platform at Target Field, Minneapolis. This unique technology enhances fan engagement by providing interactive experiences during game downtime, allowing 40,000 attendees to participate in real-time 3D effects and games via the ARound app. The platform aims to redefine the fan experience by converting distractions into interactions, offering games like Batter Up and Blockbuster. Developed by Stagwell (NASDAQ: STGW), ARound represents a significant advancement in sports technology.

Stagwell Inc. announced equity inducement awards of 27,974 shares of Class A common stock to three new employees, effective August 17, 2022. The shares will vest in two installments: one-third on the second anniversary and two-thirds on the third anniversary of the grant date. This action is in compliance with Nasdaq Listing Rule 5635(c)(4), aimed at facilitating employee recruitment by providing meaningful equity incentives.