May 14, 2013 (Unusual volume via COMTEX) -- IAC/InterActiveCorp's stock is up 3.3% to $50.36 on heavy trading volume. Approximately 1.9 million shares have changed hands today vs. average 30-day volume of 1.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

Over the past year, IAC/InterActiveCorp has traded in a range of $33.89 to $55.57 and is now at $50.36, 49% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has remained constant.

Potential upside of 10.4% exists for IAC/InterActiveCorp, based on a current level of $50.36 and analysts' average consensus price target of $55.60. The stock should find initial support at its 200-day moving average (MA) of $46.95 and further support at its 50-day MA of $44.97.

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.

---------------------------------------------------------------------------------------------

Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.

Copyright, Comtex News Network, Inc. 2013