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| MCDANIEL ANNDirector | Sell | 3,531 | $149.8K | Wed, Sep 2 |
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Dating app company Match (NASDAQ:MTCH) will be reporting earnings this Monday after market hours. Here’s what you need to know.
Tinder’s expansion of real world Events into more US and European cities gave Match Group a tangible new product for younger users looking for group experiences rather than endless swipes.
Tinder just launched its biggest rebrand in a decade as users and payers keep slipping, and Monday's earnings report will reveal whether the overhaul marks the start of a real recovery or simply delays an inevitable collapse.
Match Group has delivered a sharp mix of gains and setbacks over recent years, and that uneven share price history puts fresh focus on what investors are really paying for in terms of earnings power today.
Investing.com -- Match Group Inc (NASDAQ:MTCH) shares advanced 3.4% Monday after Evercore ISI upgraded the online dating company to Outperform from In Line, with analyst Mark Mahaney citing third-party data that points to an accelerating operational recovery…
Bumble confirmed on Tuesday that it would be acquired by Ithaca Holdings in a deal that takes the company private.
A surprise all-cash buyout just sent a struggling dating app surging in morning trading, while its biggest rival is moving in a completely different direction for a very different reason.
The prospective buyer for Bumble is Ithaca Holdings, a recently formed firm led by two Silicon Valley executives, the Wall Street Journal reported.
Match Group (NasdaqGS: MTCH) faces fresh competition after the nationwide rollout of new dating platform Rivet in the United States. Rivet is led by a former Match Group executive and has secured significant seed funding from early stage technology investors.
Match Group has had an impressive run over the past six months as its shares have beaten the S&P 500 by 16%. The stock now trades at $40.84, marking a 34.4% gain. This performance may have investors wondering how to approach the situation.