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Enter Symbol:
 
Iac/interactivecorp (IACI) [hlAlert]

Rating:
Sell IACI
down 77.75 %

Iac/interactivecorp (IACI) rated Sell by Argus

Posted on: Wednesday,  Oct 22, 2008  9:25 AM ET by Argus

Argus rated Sell Iac/interactivecorp (NASDAQ: IACI) on 10/22/2008, when the stock price was $15.94. Since then,
Iac/interactivecorp has gained 349.56% as of 01/05/2016's recent price of $71.66.
If you would have followed this Argus's recommendation on IACI, you would have lost 77.75% of your investment in 2631 days.

IAC/InterActiveCorp (IAC) operates diversified Internet businesses in the United States and various jurisdictions abroad. The Company operates in four segments: Media & Advertising, Match, ServiceMagic and Emerging Businesses. Media & Advertising consists primarily of its search business. Match segment is a provider of subscription-based online personals services. ServiceMagic is an online marketplace. Emerging Businesses segment consists primarily of Shoebuy and Pronto. In April 2009, the Company announced the acquisition of Urbanspoon, an online local restaurant guide that aggregates restaurant reviews from across the Web, from newspapers and professional food critics to bloggers and diners. In July 2009, the Company announced the launch of Notional, a video content company.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2008 9:25 AM Sell
None
15.94
as of 12/24/2008
1 Week up  1.85 %
1 Month down  -11.80 %
3 Months down  -4.13 %
1 YTD down  -4.13 %

(*) Stock Price at the time of the recommendation.
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