(This story has been updated in the seventh paragraph to remove Delta Air Lines as the company that hosted the takeover, and in the final paragraph with the day’s closing stock price.) Read More About: MSG Network Sphere Steve Cohen ...
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Investors showed their disapproval, with MSG’s stock price plunging $26.10, or 9 percent, to $267.33 a share on volume 10 times the daily average. During the call, executives reiterated plans to spin off the company’s professional sports teams, the New York Kn...
The announcement was significantly ahead of a consensus analyst projection of about $273 million in revenue and sent MSG’s stock price surging in pre-market trading, up nine percent to nearly $44. The company has benefited from increased ratings and ticket sales in the wake of “Lins...
DIS has seen stronger estimate revision activity and sports more attractive valuation metrics than MSGE, so it seems like value investors will conclude that DIS is the superior option right now. Only $1 to See All Zacks' Buys and Sells ...
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While revenue at the Sphere venue ticked 1% higher to $169.0 million, it fell 5% to $139.3 million at the firm's MSG Networks division. Sphere Entertainment said if it can't refinance the regional sports network's debt that came due Oct. 11, "it is probable that MSG Networks ...