IAC/Interactivecorp (IAC) stock has fallen 29.14% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With IAC Stock Today?
IAC/Interactivecorp (IAC) stock has fallen -1.58% while the S&P 500 is up 0.11% as of 10:57 AM on Tuesday, May 25. IAC has fallen -$2.65 from the previous closing price of $168.08 on volume of 898,475 shares. Over the past year the S&P 500 is higher by 34.84% while IAC is up 55.03%. IAC earned $10.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.52.
More About IAC/Interactivecorp
IAC is an Internet media company with segments that include ANGI Homeservices (51% of total revenue), Vimeo (9%), Dotdash (7%), applications (14%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider, Match Group, in second-quarter 2020.