IAC INTERACTIVECORP (IACI) Stock News
NASDAQ:IACI - Nasdaq - US44919P5089
IACI Latest News, Press Relases and Analysis
Wall Street Analysts See a 47.55% Upside in IAC (IAC): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 47.6% in IAC (IAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Why Angi (ANGI) Stock Is Up Today
Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 4.6% in the afternoon session after the company reported strong fourth-quarter results, significantly surpassing analysts' sales and profit expectations. Its service request volume, a key pulse check on customer demand, exceeded Wall Street estimates, driving the revenue beat. The company didn't explicitly provide sales forecasts but gave EBITDA guidance in line with consensus estimates, which is reassuring. Zooming out, we th
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'Cable Cowboy' John Malone has a memoir out in September
The billionaire media pioneer known as “The Cable Cowboy” has written a memoir. John Malone 's “Born to Be Wired” will be published Sept 2. “Over a lifetime of business deals, the most valuable currency has been relationships,” Malone, who turns 84 next month, said in a statement Wednesday released by Simon & Schuster.
Angi (NASDAQ:ANGI) Delivers Impressive Q4, Stock Soars
Home services online marketplace ANGI (NASDAQ: ANGI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 10.8% year on year to $267.9 million. Its GAAP loss of $0 per share was in line with analysts’ consensus estimates.
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Stay Ahead of the Game With IAC (IAC) Q4 Earnings: Wall Street's Insights on Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for IAC (IAC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Warner Bros Discovery adds SoFi CEO, outgoing IAC chief executive to board
The media giant is undergoing a restructuring to separate its declining cable TV businesses, such as CNN, from streaming and studio operations, setting the stage for a potential sale or spinoff of its TV business, as more cable subscribers cut the cord. Noto joined the board on Jan. 8 and Levin is slated to join on Feb. 1. Levin will step down as CEO of the media and internet company IAC, after the spinoff of its majority stake in home services unit Angi, IAC said on Monday.
What's Going On With Angi Stock Tuesday?
Angi Inc (NASDAQ:ANGI) shares are trading higher Tuesday after IAC Inc (NASDAQ:IAC) announced plans to spin off its stake in Angi.
Angi (ANGI) Stock Trades Up, Here Is Why
Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 9% in the afternoon session after IAC's board approved a plan to fully spin off its stake in Angi. As part of the move, Joey Levin will step down as IAC CEO to become Executive Chairman of Angi. The spin-off is expected to give IAC shareholders direct ownership of Angi, fully separating the two companies. It will also eliminate Angi's dual-class structure, streamlining its governance. This simplified structure is expected to support Angi's growth by providing more flexibility to make acquisitions, raise capital, and attract talent.
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Angi Stock Rises as IAC to Spin Off Home Services Provider
IAC said it will spin off its ownership in home repair services provider Angi to its shareholders, and CEO Joey Levin will step down and become executive chair of Angi.
5 things to know before the stock market opens Tuesday
Here are five key things investors need to know to start the trading day.
Angi Stock Soars After Barry Diller’s IAC Announces Spin-off Of Full Stake In The Home Services Platform: Retail Excitement Grows
The spin-off transaction will give IAC shareholders direct ownership of Angi and is expected to be tax-free.
IAC approves spinoff of home improvement marketplace Angi
IAC on Monday announced that its board approved the spinoff of Angi, the home improvement marketplace.