Match Group is trading at only 11X next year’s earnings, however, Tinder, its main asset, is losing popularity. Hinge, the second most popular app of Match, is gaining market share but the overall ...
JPMorgan downgrades Match Group citing slower Tinder turnaround and muted growth. Tinder user and revenue trends remain a challenge, recovery likely delayed until 2027. Get ahead of next week’s CPI & ...
Match delivered mixed results, but guided to a slight revenue reacceleration. New CEO Spencer Rascoff is optimistic his turnaround initiatives are starting to bear fruit at Tinder. Match Group still ...
Starboard Value became the third activist investor this year to take a stake in Match Group Inc., the owner of the dating app Tinder whose paying customer base has shrunk for six straight quarters.
Match Group, Inc. is a leading provider of online dating products, operating a broad suite of brands that serve millions of users worldwide. The company leverages a scalable digital platform to ...
Match Group on Thursday forecast second-quarter revenue above Wall Street estimates and said it would reduce 13% of its workforce to cut costs, as the Tinder parent plows ahead with its business ...
I'm upgrading Match to a neutral rating after the company unveiled ambitious targets at its recent December investor day. The company plans to drive 4-6% growth through the next three years and ...
(Reuters) -Match Group on Thursday posted a 5% fall in paying users for the first quarter, sending its shares down 7% as investors concerned about the Tinder owner's business revamp looked past its ...
Sens. Maggie Hassan (D-N.H.) and Marsha Blackburn (R-Tenn.) sent a letter Wednesday to Match Group CEO Spencer Rascoff, requesting detailed records on the company's fraud-prevention policies, safety ...