IAC’s Biggest Loser

Barry Diller may have broken out the cake Aug. 21 to celebrate the first anniversary of IAC/InterActiveCorp’s spinoff into five separate companies, but one unit hasn’t fared so well in the year since the breakup. Any guesses?

Shares of Ticketmaster were down 58.9 percent during that time, the New York Times recently reported, the largest drop for any of the spinoffs.

Comparatively, shares at the Tree.com lending service were up 24.1 percent during that time and IAC’s shares were up 14.1 percent.

Other units facing declining shares were HSN Inc. and the Interval Leisure Group timeshare units, which fell 21.5 percent and 26.5 percent, respectively.

Still, taken as a whole, the five stocks lost about 14.1 percent in value over the year, the paper said, faring better than major market indexes including S&P 500 and Nasdaq for the same period.