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Stagwell Inc. - STGW STOCK NEWS

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

Stagwell Inc. (NASDAQ: STGW) is a pioneering marketing services company designed to transform the industry with its innovative approach. Stagwell operates through several business segments, including the Integrated Agencies Network, Brand Performance Network, and Communications Network. This structure ensures the delivery of top-notch marketing solutions tailored to the unique needs of its clients.

Founded by industry veterans, Stagwell places a strong emphasis on digital-first investments, unencumbered by legacy assets. The company boasts a selective portfolio, having just one or two agencies of each type, ranging from digital media buying to market research and public relations. This strategy fosters true cooperation and synergy across its network.

Stagwell's core mission is to merge creativity with advanced technology to harmonize the art and science of marketing. The company's over 13,000 specialists across 34+ countries work together to drive business effectiveness and improve client results. Stagwell serves some of the world's most ambitious brands, helping them navigate the complex digital landscape.

Recent achievements include the addition of Leverate Group, an integrated full-service agency based in Indonesia, to its expanding Global Affiliate Network. This move strengthens Stagwell's presence in the Asia Pacific region, enhancing its omnichannel media buying and activation capabilities. Stagwell's commitment to growth is evident in its strategic acquisitions and partnerships, driving innovation and expanding its global footprint.

Financially, Stagwell has shown resilience and growth. In the first quarter of 2024, the company reported an 8% year-over-year revenue growth, reaching $670 million. This growth was driven by new business wins and strategic cost management. The company's strong focus on technology, particularly in AI and immersive experiences, positions it well for future growth.

News

Stagwell (STGW) Agencies 72andSunny, Allison, Anomaly, Colle McVoy, Doner, HUNTER, KWT Global and Team Epiphany Drive Big Game Moments On and Off the Field

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Stagwell (STGW) shines with six national in-game advertisements in Super Bowl LVIII for top brands like Bud Light, Budweiser, E*Trade, NFL, Paramount+, and United Airlines. The PR highlights the success of Stagwell agencies in leading Big Game activations and delivering creative campaigns. Notable spots include Bud Light's 'Easy Night Out' featuring NFL Hall of Famer Peyton Manning, E*Trade's 'Get in the Game' with the iconic E*Trade Baby, and NFL's 'Born to Play' celebrating global talent. Paramount+ and Ally Financial also showcased engaging ads during the event.
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HarrisX Hires Industry Experts in Washington DC, Positions Itself for 2024 Election Year Growth

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HarrisX, a leading global research consultancy, expands its Washington D.C. office with the addition of Dom Bartkus and Gabriela Schulte. Bartkus will lead the Washington D.C. market as Senior Vice President and Managing Director, bringing expertise in corporate reputation, executive positioning, messaging development, and crisis communications. Schulte will lead external and media engagements as Vice President of Communications and Marketing and Head of Data Journalism, leveraging her experience as a journalist and Executive Producer at The Hill TV. HarrisX positions itself for further growth during the 2024 election, doubling down on the accomplishments of the last several years with continued investments in industry experts.
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Stagwell Schedules Webcast to Discuss Financial Results for the Three Months and Twelve Months Ended Dec. 31, 2023

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Stagwell (STGW) will release its financial results for the fourth quarter and full year ended Dec. 31, 2023, on Feb. 27, 2024. The company will host a video webcast to discuss the results at 8:30 AM (ET) on the same day. A replay of the webcast will be available on Stagwell's website.
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Stagwell's (STGW) Sport Beach Activation Will Return to Cannes Lions International Festival of Creativity 2024 with Icons Megan Rapinoe, Sue Bird, Carmelo Anthony, Hélio Castroneves, Justin Jefferson and More Confirmed to Attend

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Stagwell (NASDAQ: STGW) announces the return of Sport Beach 2024 at the Cannes Lions International Festival of Creativity, with Clio Sports, Genius Sports, and VII(N) The Seventh Estate confirmed as brand partners. The event will focus on important trends affecting the business and culture of sports, with a larger location at La Plage du Festival. Sport Beach aims to centralize sports' importance across technology and innovation, global growth, reaching new audiences, media, and food & wine/spirits, against the backdrop of the Paris 2024 Olympic Games and EURO 2024 tournament.
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Redscout Appoints Ashley Shaffer as Chief Marketing Officer

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Redscout, a brand strategy and design consultancy within Stagwell (STGW), has announced Ashley Shaffer as its new Chief Marketing Officer (CMO). With a background in cross-sector brand and executive leadership at companies like Netflix and IDEO, Ashley will focus on strategic innovation and IP to drive Redscout's growth and brand consulting work. The company has a 20+ year history of creative urgency, assisting marketers in addressing global business challenges and fostering consistent growth for individual brands like Bombas and Meow Wolf.
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PRophet, AI-Powered Suite for PR and Marketing Professionals, Appoints Jason Brandt as Chief Marketing Officer

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Stagwell Marketing Cloud's PRophet, the generative and predictive AI SaaS suite, has appointed Jason Brandt as its Chief Marketing Officer. Brandt brings over 30 years of industry experience and will be responsible for driving awareness, adoption, and growth of the PRophet Suite. His expertise in digital businesses and AI solutions will help communication teams navigate the complexities of practical AI.
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Stagwell's (STGW) Instrument Charts Next Chapter of Growth with CEO, Executive Leadership Appointments

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Instrument, a multidisciplinary creative shop, has appointed Laurel Burton as CEO and unveiled a new roster of executive leaders to support the next chapter of growth for its business. The company won over 50 new accounts in 2023, a record. The appointments include the first all-female C-Suite leadership team, emphasizing the company's commitment to diversity and innovation. Instrument also saw notable client wins, expanded partnerships, and plans to grow its innovation capabilities.
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JANUARY HARVARD CAPS / HARRIS POLL: IMMIGRATION IS NOW VOTERS' TOP CONCERN

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Stagwell (NASDAQ: STGW) released the results of the January Harvard CAPS / Harris poll, showing President Joe Biden's approval rating at 42% with economic sentiment staying even. His immigration rating sank to 35% as voters seek a bipartisan deal. The poll also covers public opinion on the 2024 horse race and the Israel-Hamas war.
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Paul Keeble Takes the Helm as Global CFO at Assembly

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Stagwell (STGW) Agency has appointed Paul Keeble, a global finance leader with over 20 years of experience, as the Global Chief Financial Officer. Keeble has a track record of driving profitable growth in media, advertising, and professional services industries, and has held top finance positions at agencies like Wavemaker, Fetch, The Marketing Store, and Draft FCB. He brings a dynamic and forward-thinking approach to innovative business and financial strategies, critical for the agency's growth and performance optimization.
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JOHNSTON & MURPHY NAMES WOLFGANG AOR AFTER COMPETITIVE PITCH

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Johnston & Murphy, a premium footwear, apparel, and accessories brand, has selected Wolfgang, a Stagwell company (NASDAQ: STGW), as its new creative agency. The decision was based on team chemistry, creative excellence, and category experience. Wolfgang aims to modernize the brand while respecting its heritage. Jason Dasal, SVP of Marketing & Ecommerce at Johnston & Murphy, praised Wolfgang's positive energy and strategic approach. The Wolfgang team has prior experience in footwear, fashion, and retail, working with brands like adidas and Uniqlo.
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FAQ

What is the current stock price of Stagwell (STGW)?

The current stock price of Stagwell (STGW) is $6.515 as of January 23, 2025.

What is the market cap of Stagwell (STGW)?

The market cap of Stagwell (STGW) is approximately 734.0M.
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Stagwell Inc.

Nasdaq:STGW

STGW Rankings

#2805 Ranked by Market Cap
N/A Ranked by Dividends

STGW Stock Data

733.99M
258.53M
4.06%
93.12%
3.19%
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