March 21st, 2019
With markets going up IAC/InterActiveCorp closed Thursday up 2.30%, a $5.03 increase to close on $224.00. Furthermore it hit a new 52 week high of $224.40.
IAC outperformed the rest of the Communication Services sector which went up 0.89% today.
Expectations from 17 analysts suggest that IAC/InterActiveCorp might increase quite a bit (15.73%), while Finbox has calculated (with low uncertainty) a fair value price of $245.73.
The market sectors were mixed Thursday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (2.47%), while Financials saw the biggest drop (-0.30%). Information Technology has seen the biggest year-to-date gain at 21.08%.
Information Technology saw the biggest turnaround from its 5-day performance of 4.06%, as it went up 2.47%. Financials saw a turn around from its 5-day performance of -1.51% trading down -0.30%.
- Information Technology went up with a 2.47% change.
- Real Estate went up with a 1.79% change.
- Consumer Discretionary went up with a 1.32% change.
- Consumer Staples went up with a 1.19% change.
- Utilities went up with a 1.05% change.
- Materials went up with a 1.04% change.
- Industrials went up with a 0.95% change.
- Communication Services went up with a 0.89% change.
- Energy went up with a 0.69% change.
- Healthcare went up with a 0.35% change.
- Financials went down with a -0.30% change.
IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through Match Group, ANGI Homeservices, Video, Applications, and Publishing segments. The Match Group segment provides subscription dating products, which enable users to establish a profile and review the profiles of other users in 42 languages. The ANGI Homeservices segment owns and operates the HomeAdvisor digital marketplace, which matches consumers with service professionals for home repair, maintenance, and improvement projects; and Angie’s List that connects consumers with service professionals for local services through an online directory of service professionals in approximately 700 service categories, as well as provides consumers with tools, services, and content, including reviews of local service professionals. The Video segment operates a video sharing platform, which provides creators with professional tools to host, manage, review, distribute, and monetize videos online. It also offers creators with professional live streaming capabilities, as well as a live video solution; and creators with production hardware, tools, and services for capturing, broadcasting, and editing live events. The Applications segment develops, markets, and distributes various applications, primarily browser extensions. It also provides software and services that clean, repair, update, secure, and optimize computers, mobile phones, and digital devices; and customized browser-based search applications. The Publishing segment publishes digital content and/or offers search services. Its brands include Dotdash, Dictionary.com, Investopedia, The Daily Beast, Ask.com, and CityGrid. The company was formerly known as InterActiveCorp. IAC/InterActiveCorp was founded in 1986 and is headquartered in New York, New York.
All amounts in USD unless otherwise indicated
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