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MTCH

Match Group, Inc.

https://www.mtch.com

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Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.

Open

31.40

Mkt cap

7.7B

Volume

3.6M

High

31.43

P/E Ratio

13.77

52-wk high

42.42

Low

30.66

Div yield

N/A

52-wk low

27.66

Match Group Holdings II has amended its credit agreement, establishing a $500M replacement revolving facility. This amendment, known as Amendment No. 9, modifies the original agreement from October 7, 2015, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 8:31 pm

Match Group, known by its ticker symbol MTCH, has attracted a second activist investor, Anson Funds, according to Bloomberg. This development could indicate potential changes in the company's strategy or management to address the concerns of these investors.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 5:03 pm

Match Group, known by its ticker symbol MTCH, has attracted a second activist investor, Anson Funds, according to Bloomberg. This development could signal potential changes in the company's strategy or management, as activist investors typically seek to influence a company's operations, financial strategies, or corporate governance to unlock shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 5:02 pm

At the Morgan Stanley Tech Conference, Match Group's CFO highlighted the impact of Apple's App Store fees on the company's margins, emphasizing that the 30% fee could be better invested in innovation rather than going to Apple.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 8:01 pm

At the Morgan Stanley Tech Conference, Tinder's CEO emphasized focusing on Gen-Z and women users, while Match Group's CFO highlighted Hinge's early monetization stage compared to Tinder.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:29 pm

At the Morgan Stanley Tech Conference, the CFO of Match Group (MTCH) stated that the company has no plans to reduce prices to attract more subscribers.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:27 pm

JPMorgan's analyst team highlighted top internet tech stocks with significant upside potential. Large-cap picks include Amazon (AMZN), Meta Platforms (META), and Uber Technologies (UBER). Small and mid-cap picks with over 50% upside are Match Group (MTCH), Roku (ROKU), and EverQuote (EVER), each with a strong investment thesis based on market position, growth potential, and recovery in specific sectors.

Portfolio Pulse from Surbhi Jain

March 04, 2024 | 5:41 pm

Match Group has partnered with OpenAI to secure over 1000 ChatGPT Enterprise licenses for its employees, aiming to enhance productivity and innovation within its operations. This collaboration is expected to revolutionize work culture at Match Group by integrating AI into various aspects of work, from communications to coding. The company emphasizes responsible use of AI, ensuring privacy and security measures are in place.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:17 pm

Tinder, owned by Match Group (NASDAQ:MTCH), is enhancing its verification process in the U.S., U.K., Brazil, and Mexico to combat catfishing. The new process requires users to submit a video selfie and a photo ID to earn verification badges. This move is part of Tinder's efforts to improve user safety and trust, amidst the online dating industry's revenue surge and the rise in scams and fake accounts facilitated by AI.

Portfolio Pulse from Benzinga Neuro

February 21, 2024 | 8:52 am

Tinder, a social media app owned by Match Group (MTCH), is expanding its ID Verification feature to users in the US, UK, Brazil, and Mexico. This feature aims to confirm the authenticity of profiles, focusing on date of birth and likeness, with plans to launch in the US and Mexico by summer, and in the UK and Brazil by spring.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:10 am

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