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What a difference 24 months makes. Two years ago, IAC (NASDAQ:IAC) management was revered as being the leading builders of online marketplaces with a multi-decade track record of developing several market-leading businesses and creating tremendous shareholder value (as shown
Analyst’s Disclosure:I/we have a beneficial long position in the shares of IAC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Author is Long ANGI.
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