IAC/InterActiveCorp. (IACI) reported second quarter adjusted EPS of $0.24 Wednesday morning, which beat the consensus estimate of $0.20.
IAC/InterActiveCorp. gapped up Wednesday and climbed for the majority of the morning. Shares rose further going into the close and finished higher by 1.05 at $24.78 on above average volume. The stock has been gaining ground for the past 3 weeks and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.