{"id":310799,"date":"2024-02-14T15:18:34","date_gmt":"2024-02-14T21:18:34","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=310799"},"modified":"2024-02-15T12:20:11","modified_gmt":"2024-02-15T18:20:11","slug":"mgm-propels-iac-shares-to-strong-intraday-run","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-propels-iac-shares-to-strong-intraday-run\/","title":{"rendered":"MGM Provides Support to IAC Investment Thesis, Share Stake Rises"},"content":{"rendered":"
Barry Diller\u2019s IAC\/InterActiveCorp (NASDAQ: IAC) posted fourth-quarter revenue that missed Wall Street estimates. But the shares rallied Wednesday due in part to the company\u2019s large stake in MGM Resorts International\u00a0 (NYSE: MGM).<\/p>\n