People Incorporated (IAC)
Market Closed
20 Jul, 20:00
$
44. 69
+0.16
+0.3593%
Pre Market
$
-0.16 -0.3468% 44. 53
3.32B Market Cap
- P/E Ratio
338.21% Div Yield
394,070 Volume
0 Eps
$ 44.53
Previous Close 
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IAC: Could Be An Inflection Point With OpenAI Deal Inked
IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows.
Seekingalpha | 2 years ago
