InterActive Corp.'s Tinder Troubles: Chart of the Day

TheStreet

Lately, it seems as if Barry Diller just can't catch a break. First, the Supreme Court rules against InterActive Corp.'s Aereo, putting to an end a promising startup that might have catapulted IAC shares into the stratosphere. Next, Tinder, the hot dating startup that has his backing, finds itself in court over an allegations of harassment. After seeing IAC's stock soar over the last 12 months, Diller's brand powerhouse is our Chart of the Day. One has to wonder how long Tinder will remain in IAC's portfolio, given Diller's penchant for spinoffs in the past. He's spun out Ticketmaster and Expedia, already.