Investor Mario Gabelli has expressed a bullish sentiment regarding Madison Square Garden Sports (MSGS) stock.

Several stocks are experiencing notable movements in midday trading, including Wingstop, Moody's, and Madison Square Garden Sports.

Madison Square Garden Sports has received backing from Tabor as the franchise values of the Knicks and Rangers continue to increase, indicating strong financial performance.

The potential spin-off of the New York Knicks is bringing the unique aspects of sports mergers and acquisitions into focus, particularly how separating assets could impact Madison Square Garden Sports.

Madison Square Garden Sports is considering splitting its New York Knicks and Rangers businesses to enhance strategic flexibility and provide clearer investor focus for each entity.

Mario Gabelli sees incremental value in the franchise assets of Madison Square Garden Sports (MSGS), indicating a positive outlook on the company's potential.

Analysts from various firms are providing diverse recommendations on stocks, including price target adjustments for TKO Group Holdings and Madison Square Garden Sports Corp., and a downgrade for Sirius XM Holdings Inc.