IAC/InterActiveCorp Q2 Disappoints, But Match.com Up

By | July 30, 2014

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IAC/InterActiveCorp. (IACI) stock fell Wednesday after the owner of dating site Match.com swung to a Q2 loss and posted revenue below analysts’ expectations. While the company added subscribers to its dating sites, its revenue fell in its Search & Applications unit, which includes the Ask.com search portal. IAC stock was up a fraction in afternoon trading in the stock market today, near 67. That’s more than 15% below the stock’s seven-year high of Scalper1 News

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