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Downtrend Call Working As IAC/InterActiveCorp Stock Falls 25.9% (IACI)

By Amy Schwartz

SmarTrend identified a Downtrend for IAC/InterActiveCorp (NASDAQ:IACI) on October 21st, 2015 at $68.44. In approximately 17 months, IAC/InterActiveCorp has returned 25.95% as of today's recent price of $50.68.

IAC/InterActiveCorp share prices have moved between a 52-week high of $84.66 and a 52-week low of $33.89 and are now trading 50% above that low price at $50.68 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

IAC operates more than 50 leading and diversified Internet businesses across 30 countries including UrbanSpoon, CitySearch, Vimeo, Ask.com, and many more. The company's mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. For a full list of all of IAC's businesses and web properties, please visit www.iac.com.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of IAC/InterActiveCorp.

Log in and add IAC/InterActiveCorp (IACI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights IAC/InterActiveCorp

Ticker(s): IACI