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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