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IAC/InteractiveCorp. ( (IAC) ) has issued an update.
On January 15, 2025, IAC Inc. announced that Care.com will now be reported as a separate segment starting from the quarter ending December 31, 2024. This change, which was reflected in the supplemental financial information for the quarter ending September 30, 2024, aims to provide clearer insights into Care.com’s performance and strategic significance within IAC’s portfolio, potentially influencing stakeholder perceptions and investment strategies.
More about IAC/InteractiveCorp.
YTD Price Performance: -2.25%
Average Trading Volume: 709,014
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.59B
See more insights into IAC stock on TipRanks’ Stock Analysis page.