IAC jumps on Match.com IPO plans; TransUnion market debut; Disney ups dividend
Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.
IAC/InterActive (IACI) shares are soaring to new high in early trading after the media and Internet company announced it is planning an initial public offering of Match Group, which includes online dating sites Match.com, Tinder, OurTime and OKCupid.
Related: Yahoo Finance Exclusive: Barry Diller on Match IPO and more
TransUnion (TRU) shares opening sharply higher on its first day on trading on the New York Stock Exchange this morning. The consumer credit firm priced its initial public offering at the mid-point of its range at $22.50 a share, which values the company at $4 billion.
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Disney (DIS) shares are in the spotlight. The entertainment giant is spreading some of Elsa's magic to its shareholders. The company is boosting its dividend by 15%. The company will begin paying the dividend of $0.66 twice a year starting July 29th.
Bed Bath & Beyond (BBBY) shares are on the move in early trading. The home goods retailer reported a slight miss on both its top and bottom lines. Earnings fell 15% in its first quarter as heavy promotions put pressure on margins.
Facebook (FB) shares continue to grab headlines. The social networking site is teaming up with HBO (TWX). Facebook will stream the premiere episodes of the new HBO shows “The Brink” and “Ballers” for a limited time. This comes as Facebook makes a big push into video, as its video views are expected to exceed two trillion this year, according to research firm Ampere Analysis.