May 14, 2013 (Market movers via COMTEX) -- IAC/InterActiveCorp (NASDAQ:IACI) is one of today's biggest movers, up 2.4% to $49.96. The S&P is currently trading 0.7% higher to 1,646 and the Dow Jones Industrial Average is trading 0.5% higher to 15,160.
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.
Over the past year, IAC/InterActiveCorp has traded in a range of $33.89 to $55.57 and is now at $49.96, 47% above that low. The 200-day and 50-day moving averages have moved 0.02% higher and 1.06% higher over the past week, respectively.
IAC/InterActiveCorp (NASDAQ:IACI) has potential upside of 11.3% based on a current price of $49.96 and analysts' consensus price target of $55.60. The stock should discover initial support at its 200-day moving average (MA) of $46.95 and subsequent support at its 50-day MA of $44.97.
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