IAC Inc. is a leading media and internet company that operates a diverse portfolio of brands and businesses. Their portfolio includes well-known brands such as Vimeo, Dotdash, and Match Group, among others.
In terms of technical analysis, IAC's stock has recently shown signs of improvement after retesting its 2022 lows. The stock has been gradually working higher, indicating a potential shift in sentiment among investors. However, it is important to note that despite this upward movement, the stock is still underperforming compared to its previous levels.
Overall, while there are positive indications in the recent price action, it is crucial to closely monitor the stock's performance and assess whether it can sustain its upward momentum to determine its future trajectory.
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