Match Group's Market Romance Goes Cold
Key Points
- Match Group is struggling on Wall Street, with a 7.1% stock ...
Seems even the digital matchmaker can't find its perfect match on Wall Street these days. Match Group, the cupid behind Tinder and Hinge, is struggling to make investors swipe right despite its hefty $7.6 billion market value.
Swipe Left on Performance
The numbers aren't exactly giving investors butterflies. While the S&P 500 enjoyed an 8.2% increase, Match Group's stock took a 7.1% nosedive over the past year. The year-to-date figures are even more cringe-worthy, with an 8.4% decline that's making shareholders consider updating their investment profiles.
Not-So-Super Likes
Q4 2024's...
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