Match Group Expects To Deliver 2023 Total Revenue Growth Company-Wide Towards Lower End Of The Range It Provided A Year Ago
Portfolio Pulse from Benzinga Newsdesk
Match Group has announced that it expects to deliver 2023 total revenue growth towards the lower end of the range it provided a year ago.
October 31, 2023 | 8:53 pm
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Match Group's announcement of expected lower revenue growth for 2023 may negatively impact its stock price in the short term.
Companies' stock prices are often influenced by their revenue forecasts. In this case, Match Group's announcement of lower than previously estimated revenue growth for 2023 could lead investors to sell their shares, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100