Dotdash

IAC/InterActiveCorp (NASDAQ: IAC) reported a second-quarter sales beat on Wednesday. Sales came in at $1.187 billion, beating estimates by $6 million. GAAP earnings came in at 1.19 per share, which may not compare to the 95 cent estimate. The company also disclosed its intention to explore the...

IAC/InterActive Corp (NASDAQ: IAC) has a path to a $2-3-billion valuation, according to Guggenheim.  The Analyst  Guggenheim analyst Jake Fuller maintains a Neutral rating on IAC/Interactive.  The Thesis Although ANGI Homeservices Inc (NASDAQ: ANGI) investments are headwinds,...