InterActiveCorp downgraded to Sell from Neutral at Goldman Goldman downgraded interActiveCorp citing increased completion, decelerating search queries, and the industry shift towards mobile. Price target lowered to $42 from $53.
IAC's Tinder working on first ads, Re/code reports IAC's Tinder is developing its first ad product, Re/code reported Friday night. The dating app is also talking with Facebook (FB) and Twitter (TWTR) about using their ad networks to fill out ad space, Re/code stated. Reference Link