IAC/InterActiveCorp (IACI) reported first quarter adjusted EPS of $0.83 after the close Tuesday, up from $0.51 in the previous year. The consensus estimate was for EPS of $0.69. The stock is now down 2.58 on 24K shares.
IAC/InterActiveCorp climbed for the bulk of Tuesday's session and closed with a gain of 1.36 at $47.07. The stock rose to over a 3-month high and re-crossed its 200-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.