MSG Sports And MSG Entertainment Begin Regular Way Trading [Forbes]
Madison Square Garden Sports Corp. Class A (New) (MSGS)
Company Research
Source: Forbes
(Photo by Nicolas Economou/NurPhoto via Getty Images)On November 7, 2019, The Madison Square Garden Company, a world leader in live sports and entertainment experiences, had announced that its board of directors has unanimously approved pursuing a revised plan for the proposed separation of its sports and entertainment businesses.On April 17, 2020, Madison Square Garden completed the tax-free spin-off of MSG Entertainment (NYSE: MSGE, $65.33, Market Capitalization $1.6 billion) and Madison Square Garden changed its name to MSG Sports (NYSE: MSGS, $182.44, Market Capitalization $4.4 billion).MSG shareholders received one ordinary share of MSG Entertainment for every one ordinary share of MSG held as of the record date of 4/13. Post spin- off, MSG Sports will be a pure-play sports company consisting of NY Knicks and NY Rangers, along with ESports and other sports teams. MSG Entertainment will include all existing businesses within the MSG entertainment segment and will also include spor
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MSGS
News
- Madison Square Garden Entertainment Corp. Repurchases $25 Million of MSGE Class A Common Stock [Yahoo! Finance]Yahoo! Finance
- Celtics Owner Pitches UAE Sovereign Wealth Fund on Stake in NBA Champs [Yahoo! Finance]Yahoo! Finance
- 2. New York Rangers [CNBC]CNBC
- Earnings Update: Madison Square Garden Sports Corp. (NYSE:MSGS) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Madison Square Garden Sports Corp. (NYSE: MSGS) had its price target raised by analysts at Macquarie from $235.00 to $240.00. They now have an "outperform" rating on the stock.MarketBeat
MSGS
Earnings
- 11/1/24 - Beat
MSGS
Sec Filings
- 12/2/24 - Form 4
- 11/18/24 - Form 144
- 11/1/24 - Form 8-K
- MSGS's page on the SEC website