Urban One Stock (NASDAQ:UONEK), Trade Ideas

Urban One

Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.

Small Cap

Movers

Trading Ideas

CARV

UONE

UONEK

Shares of Urban One (NASDAQ: UONE) And Carver Bancorp (NASDAQ: CARV) are trading higher amid a continued run up into Juneteenth, during which both names saw a surge last year. 


Why Shares Of Urban One And Carver Bancorp Are Trading Higher Today

News

Penny Stocks

Media

Shares of African American-centric media company Urban One Inc. (NASDAQ: UONE) (NASDAQ: UONEK) surged more than 29% in the regular trading session on Thursday and further gained 7.4% in the after-hours session.

What&#39;s Going On With Urban One Stock?

Pre-Market Outlook

Markets

AIHS

AMCI

AQST

BYFC

CBAT

EIGR

GNUS

IPDN

LILA

NCTY

POLA

SALM

SGBX

SNBP

TATT

TGTX

 

Here is the sector-by-sector list of stocks moving lower in today&#39;s pre-market session:

4 Sectors Moving Down In Monday&#39;s Pre-Market Session

Urban One Inc

Roth MKM analyst Philip Shen reiterates Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) with a Buy and maintains $140 price target.

Price Target

Reiteration

Analyst Ratings

ENPH

Roth MKM Reiterates Buy on Enphase Energy, Maintains $140 Price Target

<ul>
<li>TSLA</li>
<li>META</li>
<li>NVDA</li>
<li>BA</li>
<li>AAPL</li>
<li>AI</li>
<li>MSFT</li>
<li>DJT</li>
<li>INTC</li>
<li>NFLX</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

AAPL

INTC

MSFT

NFLX

NVDA

TSLA

Top 10 Trending Stocks On WallStreetBets As Of April 24, 2024 (Via Swaggy Stocks)

<ul>
<li>Dean Butler&nbsp;will join the company as Senior Vice President and Chief Financial Officer (CFO) on&nbsp;May 15, 2024. Butler will be responsible for Silicon Labs&#39; financial strategy and will lead the global finance organization. Butler will succeed&nbsp;Mark Mauldin, who is currently serving as interim CFO. Butler joins Silicon Labs from Synaptics Incorporated, where he has served as Senior Vice President and CFO since&nbsp;October 2019. He previously held financial leadership positions at Marvell Technology, Inc. and Broadcom, Inc.</li>
</ul>

Management

SLAB

Silicon Laboratories Disclosed Dean Butler Will Join as CFO on May 15, 2024. Succeeding Mark Mauldin, Interim CFO

Boeing CEO Says Spirit Deal 'Not Delayed'; 'Nothing Off Rails'

<a href="https://www.cnbc.com/2024/04/24/klarna-scores-payment-deal-with-uber-ahead-of-anticipated-ipo-.html#:~:text=Klarna%20on%20Wednesday%20announced%20a,Klarna%20said%20in%20a%20statement.">https://www.cnbc.com/2024/04/24/klarna-scores-payment-deal-with-uber-ahead-of-anticipated-ipo-.html#:~:text=Klarna%20on%20Wednesday%20announced%20a,Klarna%20said%20in%20a%20statement.</a>
&nbsp;
<ul>
<li>Klarna and Uber are partnering on a global deal that will see the Swedish fintech firm added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.&nbsp;</li>
<li>Klarna declined to disclose financial terms of its deal with Uber. &nbsp;</li>
<li>The Uber deal marks one of the most significant merchant wins for Klarna of late, and comes as the firm is rumored to be gearing up for a blockbuster IPO.</li>
</ul>
Klarna on Wednesday announced a global partnership with <a href="https://www.cnbc.com/quotes/UBER/">Uber</a> to power payments for the ride-hailing giant's Uber and Uber Eats apps.
The partnership will see the Swedish financial technology firm added as a payment option in the U.S., Germany, and Sweden, Klarna said in a statement.&nbsp;
&nbsp;
In the U.S., Germany, and Sweden, Klarna will roll out its "Pay Now" option, which lets customers pay off an order instantly in one click, in the Uber and Uber Eats apps.&nbsp;Users will be able to track all their Uber purchases in the Klarna app.
The company will also offer an additional payment option for Uber users in Sweden and Germany which allows users to bundle purchases into a single, interest-free payment that gets taken out of their monthly salary.
Interestingly, the company isn't rolling out installment-based buy now, pay later plans, arguably its most popular service offering, on Uber's platforms — only immediate payments and monthly payments.
Sebastian Siemiatkowski, CEO and Co-Founder of Klarna, said in a statement Wednesday that the deal represented a "significant milestone" for the company.
"Consumers can Pay Now quickly and securely in full, which already accounts for over one third of Klarna's global volumes, and more easily manage their finances in one place," Siemiatkowski said.
&nbsp;
Klarna declined to disclose financial terms of its deal with Uber. &nbsp;
<h2>Big pre-IPO merchant win</h2>
The Uber deal marks one of the most significant merchant wins for Klarna of late, and comes as the European fintech giant is rumored to be gearing up for a blockbuster initial public offering that could value the firm at north of $20 billion.&nbsp;
Klarna began having detailed discussions with investment banks to work on an IPO that could happen as early as the third quarter, Bloomberg News reported in February, citing unnamed sources familiar with the matter.&nbsp;
CNBC could not independently verify the accuracy of the report. Klarna has said that it doesn't comment on market speculation.&nbsp;
Such a market flotation would mark something of a turnaround for a company that saw $38.9 billion erased from its valuation in 2022, when deteriorating macroeconomic conditions stoked by Russia's invasion of Ukraine caused a reset of sky-high tech valuations.&nbsp;
Klarna reached&nbsp;an eye-watering $45.6&nbsp;billion&nbsp;in a 2021 funding round led by SoftBank, before seeing its market value fall to $6.7&nbsp;billion&nbsp;the following year in a so-called "down round."&nbsp;
The firm recently launched a <a href="https://www.cnbc.com/2024/01/24/klarna-to-debut-7point99-monthly-plan-ahead-of-ipo.html">monthly subscription plan</a> in the U.S. to lock in "power users" ahead of its anticipated IPO.&nbsp;
The product, called Klarna Plus, costs $7.99 per month, and enables users get their service fees waived, earn double rewards points and access curated discounts from partners including&nbsp;Nike&nbsp;and&nbsp;Instacart.&nbsp;
Last year, Klarna reported its first quarterly profit in four years after cutting its credit losses by 56%.
The company posted operating profit of 130 million Swedish krona in the third quarter of 2023, swinging to a profit for a loss of 2 billion Swedish krona in the same period a year earlier.
<h2>Buy now, pay later boom</h2>
Klarna is one of many "buy now, pay later" services that allow users to pay off their purchases over a period of monthly installments. &nbsp;
The payment method has become increasingly popular among consumers to pay for online and in-person shopping purchases, as an alternative to credit cards which charge interest and high fees.&nbsp;
However, it has also stoked concerns about the affordability of such services, and whether it is in fact encouraging some consumers — particularly younger people —&nbsp;to spend more than they can afford.&nbsp;
In the U.K., the government has proposed draft laws for regulating the buy now, pay later industry.&nbsp;
The U.S. Consumer Financial Protection Bureau has said previously it plans to subject buy now, pay later lenders to the same oversight as credit card companies.&nbsp;
Meanwhile, the European Union last year passed a revised version of its Consumer Credit Directive to include buy now, pay later services under the scope of the rules.&nbsp;
For its part, Klarna has defended the buy now, pay later model, arguing it offers customers a cheaper way of accessing credit in comparison to traditional credit cards and consumer loans.&nbsp;
The company also says it welcomes regulation of buy now, pay later products.

Contracts

UBER

'Klarna Scores Major Payment Deal With Uber Ahead Of Hotly Anticipated IPO' - CNBC

MDAI

Spectral AI Names Erich Spangenberg CEO Of Its IP Focused Subsidiary And Explores Potential Spin-Off Of Spectral IP Subsidiary

Guidance

Events

Live On CNBC Boeing CEO On Cash Flow Target Says I Believe It; Strongly Believes In FCF Target

Boeing CEO Says Fuselage Non-Conformance Down 80%

Live On CNBC Boeing CEO Says Cost In First Half Will Be Real

Boeing CEO Says 90-Day Review 'Going Well'

Boeing CEO Says First Half Will Be Result Of 'Dramatic Action'; Believer In Pope's Potential 'To Run The Company'

SPWR

SunPower Adopts Restructuring Plan; Expects To Incur Restructuring Charges Totaling ~$28M

<a href="https://investors.liveramp.com/news-and-events/press-release-details/2024/Googles-Announcement-to-Delay-Cookieless-Timeline-2024-YMBryPaF7e/default.aspx">https://investors.liveramp.com/news-and-events/press-release-details/2024/Googles-Announcement-to-Delay-Cookieless-Timeline-2024-YMBryPaF7e/default.aspx</a>
&nbsp;
Google&nbsp;<a href="https://privacysandbox.com/intl/en_us/news/update-on-the-plan-for-phase-out-of-third-party-cookies-on-chrome/">announced</a>&nbsp;that it is delaying its timeline for fully deprecating third-party cookies in Chrome from 2H 2024 until early 2025.&nbsp;
This delay does not change our strategy or market approach.&nbsp;LiveRamp is, and has been, prepared for the deprecation of third-party cookies for some time with the build out of our Authenticated Traffic Solution (ATS) and our investment in clean room technology to enable secure first-party data collaboration.&nbsp; We're ideally situated to help the industry — our partners, customers, and stakeholders — transition to cookieless solutions that are already outperforming cookies — today.&nbsp;
Please see <a href="https://liveramp.com/blog/120-days-to-prepare-for-chromes-deadline-why-marketers-should-embrace-cookieless-solutions-today/">this blog post</a> for additional discussion and details.&nbsp;
As always, we're available to answer any questions.&nbsp;
Best,
LiveRamp Investor Relations

GOOG

GOOGL

RAMP

Google's Announcement To Delay Cookieless Timeline; LiveRamp Has Been Prepared For The Deprecation Of Third-Party Cookies For Some Time With The Build Out Of Our Authenticated Traffic Solution And Our Investment In Clean Room Technology To Enable Secure First-Party Data Collaboration

Earnings

CORRECTION: Rogers Communications Q1 2024 Adj. EPS C$0.99, Inline, Sales C$4.90B Miss C$4.92B Estimate

WIIM

ATXI

Avenue Therapeutics shares are trading lower after the company announced a reverse stock split.

Truist Securities analyst Mark Hughes maintains WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) with a Buy and lowers the price target from $95 to $93.

Truist Securities Maintains Buy on WR Berkley, Lowers Price Target to $93

DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), the local commerce platform, and Walgreens (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>), a trusted, neighborhood health destination serving nearly 10 million customers each day, today announced a new collaboration to offer SNAP/EBT payment at nearly 7,800 <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.doordash.com%2Fbusiness%2Fwalgreens-434024%2F&amp;esheet=53951735&amp;newsitemid=20240424416259&amp;lan=en-US&amp;anchor=Walgreens+stores&amp;index=1&amp;md5=7d828216c4546f32c5f0b2223e83f84f">Walgreens stores</a> across the country. DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards. In addition, DoorDash is the first third-party delivery service provider (DSP) to offer SNAP/EBT as a payment option at a major drugstore nationwide.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20240424416259/en/">https://www.businesswire.com/news/home/20240424416259/en/</a>
&nbsp;
With the addition of Walgreens, DoorDash more than doubles the number of stores available for on-demand delivery with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.doordash.com%2Fp%2Fsnap-ebt&amp;esheet=53951735&amp;newsitemid=20240424416259&amp;lan=en-US&amp;anchor=SNAP%2FEBT&amp;index=2&amp;md5=f41d03622e529faf6a95afd60c5514c9">SNAP/EBT</a> payments on DoorDash. We continue to broaden food access by offering SNAP/EBT access to more than 14 million people who are living in food deserts, and over 40 million people living in communities where over 1 in 10 households receive SNAP/EBT benefits.
"Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash," said Fuad Hannon, VP of New Verticals. "This first-of-its-kind partnership with Walgreens offers convenient and critical access to food and pantry essentials for families and individuals across the country. We're proud to remove as many barriers as possible when it comes to connecting people with food, wherever they live and however they choose to shop."
As prices continue to rise on groceries and household essentials, consumers can order SNAP-eligible products using their SNAP benefits from their local Walgreens through DoorDash. Walgreens will offer more than 4,000 SNAP-eligible products for delivery within an hour on DoorDash.1 Whether it's stocking up on breakfast essentials including milk, oatmeal, or juice, or pantry staples such as nuts, bars, or snacks, consumers can shop the Walgreens marketplace directly on the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fapps.apple.com%2Fus%2Fapp%2Fdoordash-food-delivery%2Fid719972451&amp;esheet=53951735&amp;newsitemid=20240424416259&amp;lan=en-US&amp;anchor=DoorDash+app&amp;index=3&amp;md5=472113558ce6036972ad87c96c3db294">DoorDash app</a> to fulfill their grocery needs quickly and affordably.
"This collaboration with DoorDash means our shoppers can now get essential grocery items when they want, regardless of payment method and other barriers like work schedules and transportation," said Balachandra Visalatha, SVP, Chief Product Officer at Walgreens. "Walgreens is a go to destination for daily needs for our shoppers and we continue to find solutions that make their shopping experience simpler so they can get access to healthier food options."
DoorDash is one of the largest online marketplaces to offer SNAP/EBT recipients' access to grocery delivery across the country. Now, nearly all DoorDash's monthly active users have access to a SNAP store across all 50 states and Washington D.C. To further our commitment to increase access to food, DoorDash is excited to offer SNAP/EBT consumers, who are currently not DashPass subscribers, $0 delivery fee on up to 3 orders paid with SNAP at Walgreens.&#x2A; DashPass members can access thousands of restaurants, grocery, and convenience stores at affordable prices, with $0 delivery fees and reduced service fees on eligible orders. DashPass members save $5 per eligible order on average.
Currently, Walgreens stores accept SNAP/EBT in-person at most locations. This collaboration with DoorDash allows shoppers across the nation to use SNAP/EBT at any Walgreens, regardless of where they live.

DASH

DoorDash And Walgreens Launch Unprecedented Access For SNAP Customers; DashPass Members Save $5 Per Eligible Order On Average

Capitol Federal Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFFN#NASDAQ">CFFN</a>) reported quarterly earnings of $0.11 per share which met the analyst consensus estimate. This is unchanged from the same period last year.

CFFN

Capitol Federal Finl Q2 EPS $0.11, Inline

Mini Tractor and Mini 125 Go&nbsp;Kart to be Eligible for Sale in a Major U.S. Retailer in its 1,300 Stores Across 13 States

MAMO

Massimo Group Expands Partnership With Global Omnichannel Retailer For Youth Series Vehicles

TPET

Trio Petroleum shares are trading higher after the company announced it commenced oil sales from its California assets.

RBLX, TBLA among major communication services gainers; WBD, KIND among losers

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Urban One (NASDAQ:<a href="https://investorplace.com/stock-quotes/uonek-stock-quote/">UONEK</a>) just reported results for the second quarter of 2023.<ul><li>Urban One reported earnings per share of $1.39.</li><li>The company reported revenue of $129.65 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2023/12/uonek-stock-earnings-urban-one-for-q2-of-2023/">UONEK Stock Earnings: Urban One Reported Results for Q2 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

UONEK Stock Earnings: Urban One Reported Results for Q2 2023

Urban One, Inc. (UONE) Q2 2023 Earnings Call Transcript

These Communication Services stocks are trading higher:-Grom Social Enterprises Inc (GROM) stock is trading at $1.33, an increase of $0.48, or 56.88%, on high volume.  Grom Social Enterprises Inc gets a Sentiment Score of Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a pri

Communication Services Stocks Moving Up and Down Thursday: GROM, MSGM, DRCT, ATUS, NCTY, UONEK, PARA, WBD

MSGM, DRCT among major communication services gainers; NCTY, SGA among losers

AREN, CXDO among major communication services gainers; NCTY, LPTV among losers

Urban One GAAP EPS of -$1.14, revenue of $117.8M

Urban One, Inc. (UNOE) Q3 2023 Earnings Call Transcript

Catalyst Watch: Walgreens earnings, UPS analyst day and Xiaomi's luxury EV debut

RDDT, CDLX among major communication services gainers; AREN, KUKE among losers

ABLV

ADBE

ADNT

AGAE

AKBA

AREN

ATUS

BKKT

BOWL

CAUD

CDLX

CLBT

CPOP

CURV

CXDO

DRCT

DWAC

DXPE

GROM

HOFV

IMUX

KIND

KUKE

KYMR

LFCR

LIZI

LPTV

MRNA

MSGM

NCMI

ODFL

PARA

PAYX

PRKS

PTGX

RBLX

RDDT

RIVN

SCOR

SIGA

SIRI

TBLA

TRUG

VZIO

WPRT

XIACF

XIACY

Entertainment

Press Releases

General

URBAN ONE AND CHEVROLET COLLABORATE ON 2ND ANNUAL COMMUNITY IMPACT TOUR PRESENTED BY NEWSONE

Commodities

Urban One, Inc. Receives NASDAQ Notification of Non-Compliance with Listing Rule 5250(c)(1)

Urban One, Inc. Receives NASDAQ Staff Determination of Non-Compliance with Listing Rule 5250(c)(1)

URBAN ONE ONGOING INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Urban One To Contact Him Directly To Discuss Their Options

Urban One, Inc. Receives Additional Nasdaq Staff Determination; Today Files Quarterly Reports for the Periods ended March 31, 2023 and June 30, 2023

Urban One, Inc. First and Second Quarter 2023 Results Conference Call

URBAN ONE, INC. REPORTS FIRST AND SECOND QUARTER 2023 RESULTS

Urban One, Inc. Third Quarter 2023 Results Conference Call

URBAN ONE, INC. REPORTS THIRD QUARTER 2023 RESULTS

Urban One, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)