InterActiveCorp Falls After Conference Call

InterActiveCorp IACI is was trading higher on the session following its Q1 earnings announcement. The company reported an EPS of $0.51 vs $0.46 estimates and revenues $640.6 million vs $593.45 million estimates. IAC/InterActiveCorp is an Internet company with more than 50 diversified Internet businesses across more than 30 countries. The Company operates in four segments: Search, Match, ServiceMagic, and Media and Other. The stock was up about 5% on the session prior to the company's conference call. The shares of InterActiveCorp are currently trading at $48.85, a gain of $0.11 or 0.23%.