Bearish MACD for IAC/InterActiveCorp.
January 24, 2013 | Comments : 0
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January 24, 2013
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IAC/InterActiveCorp.’s ( IACI - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –1.4572. The Zacks Rank # 4 (“Sell”) stock decreased more than 3.13% to $39.04 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past two months to $2.29 per share.
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