Jefferies analyst Brent Thill raised his price target for IAC (IAC) to $300 from $280 and keeps a Buy rating on the shares. A spinoff of Angi Homeservices (ANGI) is unlikely given the recent stock underperformance, but a Match Group (MTCH) is more likely, Thill tells investors in a research note. IAC's current stake in Match is worth $240 per share versus the current $255 stock price, which doesn't reflect the value of the other assets, explains the analyst. He says IAC remains a top mid cap pick for its ability to create long-term shareholder value.

Bullish option flow detected in Match Group with 5,462 calls trading, 1.2x expected, and implied vol increasing over 2 points to 47.46%. May-24 36 calls and 5/3 weekly 30 puts are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.65. Earnings are expected on May 7th.

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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