IAC/InterActiveCorp The Internet company reported fourth-quarter earnings on Wednesday of $48.8 million, a decrease of 44% from the prior year, on revenue of $596.9 million, an increase of 32%. "Revenues were 4% ahead of our estimate and 5% above the Street, while OIBA (operating income before amortization) exceeded by 5% and 6%, respectively," Oppenheimer analysts wrote in a report on Wednesday. "This resulted in organic OIBA growth of 41% y/y. Upside was driven by Search revenues and Match margins." Shares of IAC/InterActiveCorp hit a 52-week high on Wednesday of $45.99. The stock's 52-week low of $28.31 was set on Feb. 2. TheStreet Ratings gives IAC/InterActiveCorp a B grade with a $54.44 price target. The stock has risen 4.93% year to date.