Scalper1 News
IAC/InterActiveCorp (IACI) on Thursday announced a newly created business group for its dating websites, which might be the first step toward spinning off the group, according to an analyst. IAC stock was up 16% in afternoon trading in the stock market today, at a more than six-year high near 70. The new “Match Group” will include the company’s dating businesses Match.com, OKCupid and others. It’ll also include Tutor.com, DailyBurn and IAC’s stake Scalper1 News
Scalper1 News