Porter Stansberry Warns: Nvidia Shares Could Drop By 50%

It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse of 2024 is coming. In this new exposé, Porter Stansberry reveals why the tech giant is poised to topple...

IAC/InterActiveCorp
NASDAQ:IAC
$52.69
Open 48.44 Prev Close 47.01
High 49.61 Low 46.56
Volume 830,680 Volume (Avg) 530,979
52 Week High 266.00 52 Week Low 35.58
Market Cap 20.8B PE Ratio -27.07

General

NameIAC/InterActiveCorp
TickerIAC
ExchangeNASDAQ
SectorCommunication Services
IndustryInternet Content & Information
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees8,200

About IAC/InterActiveCorp

IAC/InterActiveCorp operates as a media and internet company worldwide. The company offers digital marketplace service which connects consumers with service professionals for repairing, remodeling, cleaning, and landscaping solutions under the HomeAdvisor, Angie's List, and Handy brands; Vimeo, a cloud-based software platform for professionals, teams, and organizations to create, collaborate, and communicate with video; and Dotdash, a portfolio of digital publishing brands that provides information and inspiration in select vertical content categories, as well as provides original and engaging digital content in a various formats, including articles, illustrations, videos, and images. It also provides general search services; advertising-driven desktop applications; and desktop browser applications. The company operates various platforms, such as iTranslate that develops and distributes downloaded mobile translation applications for users to read, write, speak, and learn foreign languages anywhere in the world; TelTech that develops and distributes mobile communications applications to help protect consumer privacy; Daily Burn, a health and fitness business, which provides streaming fitness and workout videos across various platforms; Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; Bluecrew, a staffing platform for flexible W-2 work; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion from its journalists and contributors; NurseFly, a platform to connect healthcare professionals with job opportunities; and IAC Films providers production and producer services for feature films, primarily for initial sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC HOLDINGS, INC. IAC/InterActiveCorp is headquartered in New York, New York.

Highlights

Analyst Target260.58
Market Cap20,778,604,544
PE Ratio-27.07
PEG Ratio3.91
EBITDA638,699,008

Valuation

Trailing PE78.81
Forward PE74.63
Price/Sales (Trailing 12 Mt.)7.37
Price/Book (Most Recent Quarter)3.32

Technicals

Beta1.21
52 Week High266
52 Week Low35.58
50 Day Average241.93
200 Day Average170.12

Earnings

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