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Match Group's Stock Swipes Right On Golden Cross: What Does This Mean For Investors?
Tuesday, September 3, 2024 - 1:39pm | 828Match Group Inc. (NASDAQ:MTCH) — the owner of dating app services Tinder, Hinge, and OkCupid — has just seen its stock make a significant technical move. Chart created using Benzinga Pro The stock has completed a Golden Cross, a bullish indicator that occurs when a short-term moving average...
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Match Group Stock Climbs On Strong Q2 Results, Hinge Revenue Up 48%
Tuesday, July 30, 2024 - 4:36pm | 359Match Group, Inc. (NASDAQ:MTCH) shares are up after the company reported its second-quarter financial results Tuesday. Here's a look at the details from the report. The Details: Match Group reported quarterly earnings of 48 cents per share, in-line with the analyst consensus estimate. Quarterly...
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Bumble Pulls Anti-Celibacy Ads After Outcry: 'We Unintentionally Did The Opposite'
Tuesday, May 14, 2024 - 5:04am | 551Bumble Inc. (NASDAQ:BMBL) has decided to withdraw its controversial anti-celibacy advertisements following a wave of criticism. What Happened: The dating app’s new ad campaign, launched in late April, featured billboards with messages like “A vow of celibacy is not the answer” and...
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Forget Gas Prices: Dating Is Why People Are Going Broke In 2022
Wednesday, October 12, 2022 - 3:18pm | 719It’s not breaking news that gas prices, rent, food and virtually everything else are more expensive than it was just a year or two ago. Despite some items getting less expensive, such as chicken wings and used cars, inflation remains sticky in other areas. Dating is one of the costs...
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Why JPMorgan Is Falling For Match Group, Despite Stock's Recent Weakness
Thursday, February 4, 2021 - 5:54pm | 422Match Group Inc (NASDAQ: MTCH), the online dating space, offers investors a secular growth story and shares should be bought by investors after the stock's weakness in 2019, according to J.P. Morgan. The Match Group Analyst: Cory Carpenter upgraded Match Group's stock rating from Neutral to...
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Why IAC, Match Investors Should Pay Attention To Lawsuit From Tinder's Founders
Thursday, September 17, 2020 - 12:00pm | 556Tinder co-founder Sean Rad and other early employees filed a lawsuit against IAC/Interactivecorp (NASDAQ: IAC)/ Match Group Inc (NASDAQ: MTCH) in 2018, and investors should be "paying closer attention" to the ongoing legal process, according to Susquehanna. The Analyst: Attorney...
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Dating App Bumble Seeks To Go Public Early Next Year At $6B-$8B Valuation: Report
Wednesday, September 2, 2020 - 2:54am | 288Dating app Bumble is planning for an initial public offering early next year, according to a Bloomberg report on Tuesday. What Happened: The Bloomberg report claimed that the startup is anticipating a valuation between $6 billion to $8 billion. A majority of the Bumble stake is held by...
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Match Group CFO On Video Dating: 'The Next Best Thing'
Wednesday, August 5, 2020 - 5:22pm | 376It may seem counterintuitive, but Tinder's parent company Match Group Inc (NASDAQ: MTCH) experienced growing user engagement in its second quarter — and this trend is here to stay for at least the near-term, according to a top Match exec. People Still Want To Meet Others: The...
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UBS Swipes Left On Match, Finds Valuation Unattractive
Friday, January 17, 2020 - 4:43pm | 376Shares of Match Group Inc (NASDAQ: MTCH) have outperformed the broader S&P 500 index by more than 20% over the past months and investors which is reason enough to move to the sidelines, according to UBS. The Analyst Eric Sheridan downgraded Match Group's stock rating from Buy to Neutral...
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Facebook Dating Service Arrives
Thursday, September 5, 2019 - 10:38am | 401Shares of Tinder parent company Match Group Inc (NASDAQ: MTCH) ticked lower Thursday morning after Facebook, Inc. (NASDAQ: FB) announced the launch of a rival dating service. What Happened Facebook introduced its new Facebook Dating service, which is meant to make it "easier to find love...
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Jefferies Upgrades Match Group, Says Facebook Poses Little Threat
Monday, June 11, 2018 - 10:02am | 510Investor concerns that Facebook, Inc. (NASDAQ: FB)'s new dating service will negatively impact Match Group Inc (NASDAQ: MTCH)'s longstanding dating platforms could be overblown, according to Jefferies. The Analyst Jefferies' Brent Thill upgraded Match Group from Hold to Buy with...
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UBS Revises Outlook On IAC, Parent Company Of Match And Angi Homeservices
Thursday, March 15, 2018 - 4:29pm | 628IAC/InterActiveCorp (NASDAQ: IAC), an internet and media company whose well-known brands include HomeAdvisor and Tinder, offers investors a compelling risk-reward profile, according to UBS. The Analyst UBS' Eric Sheridan made the following changes: InterActive was maintained at Buy...
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Match Group Is a Global Online Dating Leader, But Shares Are Fairly Valued, JPMorgan Says In Downgrade
Wednesday, February 21, 2018 - 11:14am | 376After surging more than 175 percent over the past year, Match Group Inc (NASDAQ: MTCH)'s stock is now fairly valued with fewer catalysts ahead, according to JPMorgan. The Analyst JPMorgan's Doug Anmuth downgraded Match Group from Overweight to Neutral with an unchanged $42...
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Gift Guide: For the Guy You Want More From
Tuesday, December 6, 2011 - 1:28pm | 258You've gone on more than one date, but you're not "Facebook official" yet — so what to get him? iPhone Bottle Opener The two most essential tools in any guy's pocket: his iPhone, and a beer opener. This minimalist iPhone case takes care of both with its built-in stainless steel can opener. No...