A spin-off is when a business unit of an existing public company is separated and becomes its own public company. Spin-offs can be an interesting place to look for investment ideas, because unlike IPOs, they don’t tend to attract a lot of attention or excitement. Last year, IAC/InterActiveCorp (NASDAQ: IAC) spun off its online dating app, Match Group, which went on to perform well in its first year as a public company.
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