Online video platform Vimeo plunges in debut after IAC spin-off

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Vimeo (VMEO) Receives Muted 'Sector Weight' Rating at KeyBanc Following Spin Off From IAC

May 25, 2021 11:40 AM EDT

KeyBanc analyst Justin Patterson started coverage of Vimeo (NASDAQ: VMEO) with a Sector Weight rating as he believes it will take further progress in the enterprise and growth closer to 40% to drive further multiple expansion.

Vimeo made its public debut today under the ticker VMEO", following the spin-off from IAC (NASDAQ:... More