IAC Q1 Earnings, Revenue Decline, Dating Revenue Up

By | April 30, 2014

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InterActiveCorp/IAC stock was down more than 4% in early afternoon trading in the stock market today after the owner of the Match.com dating website reported lower first-quarter earnings and revenue that nevertheless beat analyst expectations. InterActiveCorp/IAC (IACI) stock, near 63.50 Wednesday afternoon, had touched a seven-year high of 80.64 on March 5, and it still has a fairly strong IBD Relative Strength Rating of 78. For Q1, the company Scalper1 News

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