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Angi Inc

11.60

+0.17001.49%

Post-market: 11.600.00000.00%16:05 EDT

Volume:1.19M

Turnover:13.80M

Market Cap:574.64M

PE:16.57

High:11.74

Open:11.41

Low:11.26

Close:11.43

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Overview Company News Filings

MediaAlpha Stock Signals Rebound Over Past Month: Buy Now?

Opera Stock Surges 62% in a Year: Will the Uptrend Continue in 2025?

Investopedia owner Dotdash Meredith to lay off 4% of workforce

Here’s Why IAC (IAC) Slid in Q4

Angi (NASDAQ:ANGI) Could Be At Risk Of Shrinking As A Company

Simply Wall St.

Angi's (NASDAQ:ANGI) earnings trajectory could turn positive as the stock grows 8.3% this past week

Simply Wall St.

Angi (ANGI) Stock Trades Up, Here Is Why

Angi Shares up 4.5% After IAC to Spin off Full Stake in Unit

THOMSON REUTERS

Angi Shares up 10.3% Premarket After IAC to Spin off Full Stake in Unit

THOMSON REUTERS

IAC leadership reorganization not expected, says Citi

Stocks to Watch Tuesday: MicroStrategy, Angi, BP -- WSJ

PRESS DIGEST -Wall Street Journal - Jan 14

Angi Stock Rises After IAC Spinoff News -- WSJ

IAC to Spin Off Stake in Angi, Longtime CEO to Step Down

Angi Shares Jump in Extended Hours After IAC Announces Spinoff Plans

MT Newswires Live

IAC board approves plan to spin-off Angi Inc.

IAC CEO Joey Levin to step down as it spins off home services unit Angi

BRIEF-IAC Plans To Spin Off Full Stake In Angi, Joey Levin To Leave As Co's CEO

IAC: Joey Levin Will Leave as IAC CEO and Become an Advisor; Angi Appoints Levin as Executive Chairman

THOMSON REUTERS

IAC: Following Levin’s Transition, IAC Does Not Intend to Appoint a New CEO

THOMSON REUTERS

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MAX has seen its stock drop 26% over the past six months and 42% in the last three months. However, a 5% gain in the past month suggests a potential rebound, indicating that the stock may be recovering from a correction phase. MAX’s competitors have faced challenges, with Angi ANGI declining 23% and Nextdoor Holdings KIND falling 17% over the past six months.Let’s evaluate MAX’s performance to determine if it’s a worthwhile investment.The company operates in a niche market of digital insurance advertising, utilizing advanced data analytics to connect insurers with high-intent consumers. This targeted approach allows insurers to optimize their marketing budgets and improve customer acquisition efficiency, positioning MediaAlpha as a leader in its field.The broader industry dynamics further reinforce the bullish case for MediaAlpha. The insurance sector’s increasing adoption of digital tools and the growing preference for online customer acquisition channels are key tail","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mediaalpha-stock-signals-rebound-over-173200974.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ANGI","CAGR","KIND","BK4078","BK4077","MAX","GPRO","BK4159"],"gpt_icon":0},{"id":"2504976911","title":"Opera Stock Surges 62% in a Year: Will the Uptrend Continue in 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=2504976911","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504976911?lang=en_us&edition=fundamental","pubTime":"2025-01-18 00:06","pubTimestamp":1737129960,"startTime":"0","endTime":"0","summary":"Opera Limited’s OPRA shares have surged 61.9% over the trailing 12 months, outpacing the Zacks Computer & Technology sector’s growth of 29.4% and the Zacks Internet - Content industry’s return of 12.3%.OPRA has also outperformed its industry peers, Weibo WB, DHI Group DHX and Angi ANGI.Over the same time frame, shares of Weibo have risen 13.8%, while DHI Group and Angi shares have lost 3.1% and 15.5%, respectively.The momentum in OPRA shares has been driven by the robust monetization of its browsers, continued growth of the Opera Ads platform, and successful product innovations like the Opera One browser.Opera Limited Sponsored ADR price-consensus-chart | Opera Limited Sponsored ADR Quote. Opera's expansion into new markets, including AI integration, along with a robust product portfolio, has contributed to investor confidence and stock appreciation.OPRA has a mixed earnings surprise history. The company’s earnings missed the Zacks Consensus Estimate in one of the trailing four quarter","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/opera-stock-surges-62-uptrend-160600077.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4077","WB","BK4513","OPRA","BK4502","BK4531","BK4585","BK4588","BK4023","BK4526","DHX","BK4508","ANGI"],"gpt_icon":0},{"id":"2504494682","title":"Investopedia owner Dotdash Meredith to lay off 4% of workforce","url":"https://stock-news.laohu8.com/highlight/detail?id=2504494682","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504494682?lang=en_us&edition=fundamental","pubTime":"2025-01-17 02:28","pubTimestamp":1737052125,"startTime":"0","endTime":"0","summary":"Investopedia owner Dotdash Meredith to lay off 4% of workforce Jan 16 (Reuters) - IAC IAC.O unit Dotdash Meredith will lay off 143 employees, or about 4% of its workforce, under a plan to focus on gro","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250116:nL4N3OC1H0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MTCH","BK4585","BK4549","LU0240878834.USD","IAC","LU0205193047.USD","BK4077","LU0240877869.USD","ANGI","BK4508","LU0205194284.USD","LU0081259029.USD","BK4588"],"gpt_icon":0},{"id":"2503799024","title":"Here’s Why IAC (IAC) Slid in Q4","url":"https://stock-news.laohu8.com/highlight/detail?id=2503799024","media":"Insider Monkey","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503799024?lang=en_us&edition=fundamental","pubTime":"2025-01-16 22:19","pubTimestamp":1737037170,"startTime":"0","endTime":"0","summary":"Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. During the quarter, the strategy returned 8.2% net of fees compared to the S&P 500’s 2.4% return. According to a three-factor performance attribution model, allocation and selection effects contributed positively to the portfolio’s outperformance which was partially offset by interaction effects. For similar reasons, the fourth quarter of 2024 resembled the fourth quarter of 2023. 2023 benefitted from soft landing optimism, as did 2024 which was triggered by Donald Trump's election as the next president and a belief that fewer regulation and growth-oriented policies would be implemented. In addition, you can check the fund’s top 5 holdings to know its best picks in 2024.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-iac-iac-slid-q4-141930348.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["QLD","PSQ","TQQQ","BK4077","BK4150","MNQmain","LU0081259029.USD","USJW.SI","QID","ANGI","SQQQ","NQmain","TSYW.SI","USAW.SI","BK4588","LU1571399168.USD",".IXIC","MGM","IAC","NVIW.SI","BK4561","BK4585"],"gpt_icon":1},{"id":"2503346992","title":"Angi (NASDAQ:ANGI) Could Be At Risk Of Shrinking As A Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2503346992","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503346992?lang=en_us&edition=fundamental","pubTime":"2025-01-16 21:22","pubTimestamp":1737033770,"startTime":"0","endTime":"0","summary":"When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics that can help spot trouble early. A business that's potentially in decline often shows two trends, a return on capital employed  that's declining, and a base of capital employed that's also declining. This indicates to us that the business is not only shrinking the size of its net assets, but its returns are falling as well. In light of that, from a first glance at Angi , we've spotted some signs that it could be struggling, so let's investigate.For those who don't know, ROCE is a measure of a company's yearly pre-tax profit , relative to the capital employed in the business. Analysts use this formula to calculate it for Angi:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . So, Angi has an ROCE of 1.7%.  In absolute terms, that's a low return and it also under-performs the Interactive Media and Services industry average of 6.8%.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/angi-nasdaq-angi-could-risk-132250644.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EBIT","USJW.SI","IE00B64PRP62.GBP","SQQQ","BK4585","BK4112","TQQQ","IE00BGHQF748.EUR","IE00BKPKM429.USD","LU2095319765.USD","TSYW.SI","MNQmain","NVIW.SI","BK4588","NQmain","QID","LU2210150020.SGD","NDAQ","QLD","USAW.SI",".IXIC","LU2210149790.SGD","ANGI","IE00B3QW5Z07.USD","PSQ","BK4077"],"gpt_icon":1},{"id":"2503667859","title":"Angi's (NASDAQ:ANGI) earnings trajectory could turn positive as the stock grows 8.3% this past week","url":"https://stock-news.laohu8.com/highlight/detail?id=2503667859","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503667859?lang=en_us&edition=fundamental","pubTime":"2025-01-15 19:44","pubTimestamp":1736941443,"startTime":"0","endTime":"0","summary":"Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We don't wish...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/4300003-choice1-main-header/1585186588101","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4300003-choice1-main-header/1585186588101"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/media/nasdaq-angi/angi/news/angis-nasdaqangi-earnings-trajectory-could-turn-positive-as","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":[".IXIC","NDAQ","ANGI"],"gpt_icon":0},{"id":"2503681650","title":"Angi (ANGI) Stock Trades Up, Here Is Why","url":"https://stock-news.laohu8.com/highlight/detail?id=2503681650","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503681650?lang=en_us&edition=fundamental","pubTime":"2025-01-15 04:47","pubTimestamp":1736887621,"startTime":"0","endTime":"0","summary":"Shares of home services online marketplace ANGI  jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move, Joey Levin will step down as IAC CEO to become Executive Chairman of Angi. The spin-off is expected to give IAC shareholders direct ownership of Angi, fully separating the two companies. It will also eliminate Angi's dual-class structure, streamlining its governance. This simplified structure is expected to support Angi's growth by providing more flexibility to make acquisitions, raise capital, and attract talent.Access our full analysis report here, it’s free.When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/angi-angi-stock-trades-why-204701226.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ANGI","BK4077"],"gpt_icon":0},{"id":"2503579902","title":"Angi Shares up 4.5% After IAC to Spin off Full Stake in Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2503579902","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503579902?lang=en_us&edition=fundamental","pubTime":"2025-01-14 22:33","pubTimestamp":1736865188,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250114:nL4N3OA16J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4077","ANGI"],"gpt_icon":0},{"id":"2503952514","title":"Angi Shares up 10.3% Premarket After IAC to Spin off Full Stake in Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2503952514","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503952514?lang=en_us&edition=fundamental","pubTime":"2025-01-14 19:24","pubTimestamp":1736853873,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250114:nL4N3OA0V5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ANGI","BK4077"],"gpt_icon":0},{"id":"2503286935","title":"IAC leadership reorganization not expected, says Citi","url":"https://stock-news.laohu8.com/highlight/detail?id=2503286935","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503286935?lang=en_us&edition=fundamental","pubTime":"2025-01-14 18:50","pubTimestamp":1736851846,"startTime":"0","endTime":"0","summary":"Citi keeps a Buy rating on IAC (IAC) with a $56 price target after the company announced board approval for its spin-out of Angi Inc (ANGI) to IAC ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/iac-leadership-reorganization-not-expected-says-citi?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/iac-leadership-reorganization-not-expected-says-citi?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4077","ANGI","IAC","LU0081259029.USD"],"gpt_icon":0},{"id":"2503054201","title":"Stocks to Watch Tuesday: MicroStrategy, Angi, BP -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2503054201","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503054201?lang=en_us&edition=fundamental","pubTime":"2025-01-14 18:17","pubTimestamp":1736849820,"startTime":"0","endTime":"0","summary":"MicroStrategy : Shares of the crypto-buying software company rallied ahead of the open, as bitcoin prices recovered. Shares of crypto exchange Coinbase  also rose.Angi , IAC : Media and internet holding company IAC said it would spin of its stake in Angi, a home-services provider. Angi stock jumped in offhours trading.BP : The global energy company expects to book impairments of up to $2 billion for last quarter, and delayed an investor event because its chief executive had a medical procedure. Shares fell 2% in London.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4201","LU1829250122.USD","BK4595","LU0162691827.USD","BK4535","BK4516","BK4600","BK4539","MSTR","IAC","COIN","BK4112","LU1162221912.USD","BK4585","BK4551","LU1861559042.SGD","LU1861558580.USD","BK4588","LU0320765646.SGD","BK4077","BK4554","BK4596","BK4023","LU0072461881.USD","LU0081259029.USD","BP","ANGI"],"gpt_icon":1},{"id":"2503189125","title":"PRESS DIGEST -Wall Street Journal - Jan 14","url":"https://stock-news.laohu8.com/highlight/detail?id=2503189125","media":"Reuters","labels":["executive","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503189125?lang=en_us&edition=fundamental","pubTime":"2025-01-14 14:04","pubTimestamp":1736834644,"startTime":"0","endTime":"0","summary":"PRESS DIGEST -Wall Street Journal - Jan 14Jan 14 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250114:nL4N3OA06U:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1803068979.SGD","IE00BJTD4N35.SGD","IE00BWXC8680.SGD","LU0965508806.USD","HOOD","LU0267386448.USD","IE00BKVL7J92.USD","BK4547","LU2552382215.SGD","LU0971096721.USD","SG9999002224.SGD","LU2023250843.SGD","LU2552382132.HKD","LU1429558221.USD","LU0949170772.SGD","IE00BLSP4452.SGD","LU1244550494.USD","LU2505996681.GBP","BK4539","LU0149725797.USD","LU0203345920.USD","LU0251132253.USD","IAC","IE00B5949003.HKD","LU0082616367.USD","BK4581","LU1162221912.USD","LU1974910355.USD","ORCL","IE00BN8TJ469.HKD","LU1861558580.USD","IE00B7SZLL34.SGD","LU0211331839.USD","LU0476273544.USD","LU0068578508.USD","IE00BLSP4239.USD","BK4127","LU0175139822.USD","BK4077","LU0320765646.SGD","IE00B1XK9C88.USD","LU0289960550.SGD","LU1935042488.USD","LU0070302665.USD","LU0661504455.SGD","LU1064131342.USD","LU0965509283.SGD","IE000M9KFDE8.USD","ANGI","LU1496350502.SGD"],"gpt_icon":1},{"id":"2503551680","title":"Angi Stock Rises After IAC Spinoff News -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2503551680","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503551680?lang=en_us&edition=fundamental","pubTime":"2025-01-14 06:18","pubTimestamp":1736806680,"startTime":"0","endTime":"0","summary":"Shares of Angi rose 16% in after-hours trading Monday following the announcement that media and internet holding company IAC is spinning off its stake in the home-services company.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0081259029.USD","BK4077","ANGI","IAC"],"gpt_icon":0},{"id":"2503705555","title":"IAC to Spin Off Stake in Angi, Longtime CEO to Step Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2503705555","media":"Dow Jones","labels":["executive","shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503705555?lang=en_us&edition=fundamental","pubTime":"2025-01-14 05:32","pubTimestamp":1736803920,"startTime":"0","endTime":"0","summary":"IAC said that it is reorganizing the company through a plan that includes the exit of Chief Executive Joey Levin and a spinoff its entire stake in home-services company Angi.The media and internet holding company on Monday said that Levin, who had served as the CEO of IAC since 2015, will become an adviser to the company and be appointed executive chairman of Angi following the completion of the spinoff.Angi CEO Jeff Kip will continue to head the company as IAC's 10th fully independent company, IAC said, adding that it doesn't plan to appoint a new CEO.IAC's Finance and Operating Chief Christopher Halpin, together with Legal Chief Kendall Handler will report directly to Barry Diller, senior Executive and chairman of IAC.\"The spin-off will allow IAC management to focus on its broader portfolio as well as new growth opportunities,\" the company said.In November, IAC's Chief Executive Joey Levin had said that the company was exploring a spinoff of its 85% ownership in Angi to IAC sharehold","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive,shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ANGI","IAC","LU0081259029.USD","BK4077"],"gpt_icon":0},{"id":"2503555491","title":"Angi Shares Jump in Extended Hours After IAC Announces Spinoff Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2503555491","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503555491?lang=en_us&edition=fundamental","pubTime":"2025-01-14 05:29","pubTimestamp":1736803746,"startTime":"0","endTime":"0","summary":"Angi  shares jumped 16% in recent Monday after-hours activity after IAC  said its board has approved a plan to spin off its full stake in Angi to IAC shareholders.IAC shares were rising over 2% after hours.Joey Levin will leave his position as IAC chief executive and become an adviser to the company, IAC said, adding the move is expected to happen upon the completion of the spin-off. Levin will also become executive chair of Angi, the home services company.After Levin's transition to adviser, IAC doesn't plan to appoint a new chief executive, the company said. IAC Chief Financial and Operating Officer Christopher Halpin and Chief Legal Officer Kendall Handler will report directly to IAC Chair Barry Diller.The spin-off deal will give IAC shareholders direct ownership of Angi, and will result in IAC and Angi becoming separate entities, IAC said. The spinoff is expected to close by Q2 2025.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0081259029.USD","IAC","ANGI","BK4077"],"gpt_icon":0},{"id":"2503555386","title":"IAC board approves plan to spin-off Angi Inc.","url":"https://stock-news.laohu8.com/highlight/detail?id=2503555386","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503555386?lang=en_us&edition=fundamental","pubTime":"2025-01-14 05:05","pubTimestamp":1736802308,"startTime":"0","endTime":"0","summary":"IAC (IAC) announced its Board of Directors has approved a plan to spin off IAC’s full stake in Angi (ANGI) to IAC shareholders. 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Angi","url":"https://stock-news.laohu8.com/highlight/detail?id=2503553699","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503553699?lang=en_us&edition=fundamental","pubTime":"2025-01-14 05:01","pubTimestamp":1736802112,"startTime":"0","endTime":"0","summary":"Jan 13 (Reuters) - IAC    said on Monday longtime boss Joey Levin will step down as CEO after the spinoff of its majority stake in home services marketplace Angi    as the media and internet company 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