People (IAC) Stock News

Special Consumer Events at the Home This Fall Include a Shopping Day Featuring Women-Owned Businesses and a Holiday-Themed Atelier NEW YORK, Oct. 8, 2026 /PRNewswire/ -- Today, Real Simple, a People Inc. brand, debuts its 2026 Real Simple Home in Fort Greene, Brooklyn, a reimagined four-story townhouse thoughtfully designed to reflect the many dimensions of modern living. This fall, Real Simple...

The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. last week withdrew its $48.30-per-share proposal to buy the rest of MGM. Hornbuckle said MGM would continue pursuing what is in the best interest of shareholders and "trying to unlock the value of a company that we think is grossly undervalued.

People Incorporated (NASDAQ:PPLI) shares rose 10% to $39.74 on Friday noon after a Wall Street Journal (WSJ) report that MGM Resorts International (NYSE:MGM) is considering a potential takeover bid for the media company. The stock was up $3.81 from Thursday's close of $35.93, extending a sharp move that began in after-hours trading after the report emerged.

Shares in Barry Diller's People Inc. surged 9% in early trading Friday after a report of an unusual role-reversal acquisition bid from MGM Resorts. Earlier this week, People said it was dropping its $18 billion plan to acquire full control of MGM Resorts, in which it already holds a 27% stake.

People Inc. shot up about 10% on Friday, while MGM Resorts rose roughly 1%.

People Inc. stock was surging as MGM Resorts considers whether to launch a bid for the Barry Diller-owned media company.

MGM Resorts International is discussing making a ​bid to purchase Barry Diller's People ‌Inc , the Wall Street Journal reported on Thursday, a day after People Inc withdrew its proposal ​to buy MGM Resorts.

The billionaire's company, which has a stake in MGM, also owns titles including Food & Wine magazine.