MGM - IAC: Ecommerce Leader Has A 20% Holding In MGM's Casino Business You Get Free
2024-05-15 16:46:30 ET
Summary
- IAC Inc.'s future is focused on building brands, with potential for growth in the online business sector.
- The company's investment in MGM Resorts International may be its biggest asset, with potential for growth in the leisure sector.
- IAC's revenue growth reflects its ability to monetize its digital properties and capitalize on its shift into digital and print media.
Above: Investors still believe in online business growth, but IAC Inc.'s (IAC) future will continue to be focused on building brands, which can get rocky at times. ...
IAC: Ecommerce Leader Has A 20% Holding In MGM's Casino Business You Get Free