Media Powerhouse IAC Clears Technical Benchmark, Hitting 90-Plus RS Rating

Media Powerhouse IAC Clears Technical Benchmark, Hitting 90-Plus RS Rating

One stock that fits that bill is IAC, which saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 88 to 91. IAC, also called InterActiveCorp, owns media, internet and other brands. IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.