MARKET COMPOSITE
IAC - IAC InterActiveCorp.8:00:00 PM 5/7/2024
Price
$56.35
+ 0.60 (1.08%)
IAC is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company is headquartered in New York City and incorporated in Delaware. Joey Levin, who previously led the company's search & applications segment, has served as Chief Executive Officer since June 2015. IAC was established in 1986 as Silver King Broadcasting Company, as part of a plan to increase viewership of the Home Shopping Network by purchasing local television stations. By 1988, Silver King had bought 11 stations for about $220 million. The company was later renamed as HSN Communications, Inc., and then Silver King Communications, Inc. In 1992, Silver King was spun off to HSN shareholders as a separately traded public company. In August 1995, Barry Diller acquired control of Silver King, in a deal backed by the company's largest shareholder, Liberty Media. Diller, who had led the creation of the Fox network, reportedly hoped to use Silver King's stations as the foundation for a new broadcast network.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue929.7MM-12%
Gross Profit657.7MM-
Cost Of Revenue272MM-11%
Operating Income-59.2MM+60%
Operating Expenses716.9MM-
Net Income45MM-86%
R&D87MM+4%
G&A212.7MM+12%
Marketing343.9MM-2%
Amortization36.7MM-71%
Interest Expense39.7MM-1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    IAC (NASDAQ: IAC) posted its first quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results. As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective first quarter results and to answer questions. The call will be held on Wednesday, May 8, 2024, at 8:30 a.m. ET. Joey Levin, CEO of IAC and Chairman of Angi Inc., Jeffrey Kip, CEO of Angi Inc. and Christopher Ha

    The publisher has a large family of print and online publications, including People, Better Homes & Gardens, and Food & Wine.

    Dotdash Meredith (DDM), America's largest digital and print publisher, today announced a strategic partnership and licensing agreement with OpenAI that will enhance ChatGPT with DDM's trusted content, including time-tested recipes, expert health and financial information, leading style and entertainment content, and rigorous product reviews from America's most celebrated media brands. DDM brands include PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle and Investopedia.

    IAC Set to Join S&P SmallCap 60005-01-2024 22:45:00 PM

    IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance (NYSE/ TSX: BNRE) is acquiring American Equity Investment Life Holding Company in a deal expected to be completed prior to the open on May 3.

    AUSTIN, Texas, May 01, 2024--Care.com, the largest online platform for finding and managing family care, today announced that is has appointed Amit Goyal as Chief Technology Officer (CTO). In this capacity, Mr. Goyal is responsible for leading the Company’s technology and engineering teams and developing a state-of-the art platform that will unify Care’s global digital properties and enhance the Company’s ability to deliver innovative products and services.

    IAC Inc. ( NASDAQ:IAC ), might not be a large cap stock, but it received a lot of attention from a substantial price...

    After the close of market trading on Tuesday, May 7, 2024, IAC (NASDAQ: IAC) will post its first quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Wednesday, May 8, 2024, at 8:30 a.m. ET, IAC and Angi Inc. will host a conference call to answer questions regarding the companies' respective first quarter results.

    IAC (NASDAQ: IAC) announced a new strategic partnership today with Ben Sherwood and Joanna Coles to lead The Daily Beast. Effective immediately, Sherwood will serve as Publisher and CEO and Coles as Chief Creative and Content Officer. As strategic partners, both will share a substantial interest in the company. Specific terms of the partnership were not disclosed.

    AUSTIN, Texas, March 05, 2024--Over the last few years, the radical shift in how we work has also changed expectations between employers and employees. However, Care.com’s 2024 Future of Benefits Report, released today, reveals that there is common ground to be found in this battle: care benefits. From productivity, to workplace dynamics, to generational harmony, the research clearly shows that care benefits enable both sides to get what they want.

    In this article, we will take a detailed look at the Billionaires Mario Gabelli and Mason Hawkins Love These 14 Stocks. For a quick overview of such stocks, read our article Billionaires Mario Gabelli and Mason Hawkins Love These 5 Stocks. We have discussed at length the investment philosophies and stock picks of billionaire Mario […]