Benchmark analyst Daniel Kurnos said potential excitement around a long-awaited spin announcement finally coming from IAC (IAC) was offset by a third straight miss for Angi Homeservices (ANGI) that came with a material cut to its forward outlook. He expects Angi shares "will remain in the penalty box near-term," making Match Group (MTCH) seem like the likeliest spinoff candidate following its own earnings "blowout," Kurnos tells investors. He raised his price target on IAC to $300 from $250 on an expansion of his Match multiple in his sum-of-the-parts analysis and believes IAC shares provide "perhaps the best short-term play on the spin catalyst." Kurnos keeps a Buy rating on IAC shares.

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Tinder is enabling users to share their date plans with friends and family directly from the app through a "Share My Date" feature, TechCrunch's Lauren Forristal reports, citing a statement. The feature will allow users to send recipients a link that includes details about the date including the match's name, meeting location, date and time. "At Tinder, we continue to release new features that aim to create a fun, safe, and respectful experience for all," Tinder CMO Melissa Hobley said. "Discussing plans with friends and family is a time-honored dating ritual. Share My Date streamlines this basic info-sharing so singles can jump right to the exciting part, from figuring out what to wear to prepping conversation topics." Reference Link