Madison Square Garden Sports Corp. Completes Spin-Off of Entertainment Businesses
Madison Square Garden Sports Corp. Class A (New) (MSGS)
Company Research
Source: GlobeNewswire
NEW YORK, April 20, 2020 (GLOBE NEWSWIRE) -- Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) announced that it has completed the spin-off of its entertainment businesses and changed its name from The Madison Square Garden Company (“MSG”). MSG Sports will begin trading today on the NYSE under the symbol “MSGS.” The newly formed entertainment company, Madison Square Garden Entertainment Corp. (“MSG Entertainment”), will begin trading today on the NYSE as “MSGE.” The spin-off distribution was completed at 11:59 p.m. on April 17, 2020 to stockholders of record of MSG as of the close of business on April 13, 2020. Each MSG common stockholder received one share of MSG Entertainment Class A or Class B common stock for every share of MSG Class A or Class B common stock, respectively, held as of the record date. No action or payment was required by stockholders of MSG to receive the new MSG Entertainment shares. Stockholders who held MSG common stock as of the record date w
Show less
Read more
Impact Snapshot
Event Time:
MSGS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSGS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSGS alerts
High impacting Madison Square Garden Sports Corp. Class A (New) news events
Weekly update
A roundup of the hottest topics
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