By Ben GlickmanShares of Arena Group Holdings surged in post-market trading after The Wall Street Journal reported Group Black was in talks to acquire a majority stake in the company. The stock was recently up 7% to $4.40 in after hours trading, after earlier hitting $5.30. Shares closed Monday up 12.3% at $4.11.

Source: Wall Street Journal June 27, 2023 09:24 UTC