IAC Earnings Release Available on Company's Website
Rhea-AI Summary
IAC (NASDAQ: IAC) has released its second quarter financial results for 2025 on its investor relations website. The company will host a conference call on August 5, 2025, at 8:30 a.m. ET to discuss the results and take questions. The call will feature Christopher Halpin, Executive Vice President, CFO and COO of IAC, and Neil Vogel, CEO of People Inc. (formerly Dotdash Meredith). Both the live audiocast and replay will be accessible to the public through IAC's investor relations website.
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News Market Reaction
On the day this news was published, IAC declined 13.01%, reflecting a significant negative market reaction. Argus tracked a trough of -15.3% from its starting point during tracking. Our momentum scanner triggered 42 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $472M from the company's valuation, bringing the market cap to $3.16B at that time. Trading volume was very high at 3.9x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
The live audiocast and replay will be open to the public through the investor relations section of the IAC site at https://ir.iac.com/quarterly-results.
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC nearly three decades ago have emerged 10 independent, publicly-traded companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially-disciplined opportunism will never change. IAC is today comprised of category-leading businesses People Inc. and Care.com among others and holds strategic equity positions in MGM Resorts International and Turo Inc. IAC is headquartered in
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SOURCE IAC