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Nomura: Don't Break Up With Match Group Over FTC Lawsuit
Monday, October 7, 2019 - 3:12pm | 369Investors should consider giving Match Group Inc. (NASDAQ: MTCH) some love, another sell-side analyst said Monday, predicting a federal lawsuit over its marketing won’t cause any long-term heartbreak. The Analyst Nomura Instinet’s Mark Kelley upgraded Match Group from Neutral to Buy and...
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Facebook Dating Vs. Match.com Vs. Tinder
Saturday, September 7, 2019 - 2:55pm | 889If you’re looking for love, over 18 and on Facebook, you can now opt in to the new Facebook Dating platform and create a separate Dating profile. Facebook, Inc. (NASDAQ: FB)’s new dating platform will then try to pair you with other dating users. Here’s a comparison with two other...
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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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Match Group Turns In Strong Quarter With Tinder, Overseas Success
Thursday, August 8, 2019 - 3:40pm | 566Match Group, Inc. (NASDAQ: MTCH) had an attractive-looking quarter, but analysts weren’t quite ready to swipe right. Match had a solid beat with positive Tinder trends driving top-line year over year growth of 18%. Tinder use growth was up by 46% over the same quarter last year as customers...
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IAC CEO Says Match Group Can 'Stand On Its Own'
Thursday, August 8, 2019 - 11:42am | 467IAC/InterActiveCorp (NASDAQ: IAC) said in conjunction with its second-quarter results Wednesday it is exploring a move to distribute its stakes in Match Group Inc (NASDAQ: MTCH) and ANGI Homeservices Inc (NASDAQ: ANGI) to shareholders. What Happened IAC owns an 80% stake in Match Group,...
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IAC/InterActiveCorp Reports Q2 Sales Beat
Wednesday, August 7, 2019 - 4:14pm | 256IAC/InterActiveCorp (NASDAQ: IAC) reported a second-quarter sales beat on Wednesday. Sales came in at $1.187 billion, beating estimates by $6 million. GAAP earnings came in at 1.19 per share, which may not compare to the 95 cent estimate. The company also disclosed its intention to explore the...
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Tinder CEO: Meeting New People Shouldn't Be Limited By Type Of Mobile Device
Thursday, July 11, 2019 - 11:12am | 404One of the biggest factors preventing online dating app Tinder from growing worldwide is the app itself, according to Tinder CEO Elie Seidman. What Happened Tinder — part of the Match Group Inc (NASDAQ: MTCH) portfolio of dating apps — is "the world's largest community to...
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Match Group Analyst Projects Nearly 400K Net New Q2 Tinder Adds
Tuesday, June 25, 2019 - 12:25pm | 325Investors should continue to swipe right on Match Group Inc (NASDAQ: MTCH), the parent company of the Tinder dating app, even though the stock has become pricey, according to Jefferies Equity Research. The Analyst Brent Thill maintained a Buy rating on Match Group with an $80 price target. The...
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Serena Williams Joins Dating App Bumble's Women-Focused Investment Fund
Wednesday, March 20, 2019 - 2:48pm | 399Bumble, a women-first dating app with over 50 million users worldwide, announced Wednesday that Serena Williams is joining the organization as an investor and active member of the Bumble Fund. What Happened Bumble Fund launched in 2018 and invests specifically in women-founded companies...
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Market Dumps Match Group Despite Q3 Beat
Wednesday, November 7, 2018 - 5:26pm | 485Shares of Tinder parent company Match Group Inc (NASDAQ: MTCH) fell 17 percent Wednesday after the company released its third-quarter print the previous afternoon. The online dating company reported Q3 adjusted earnings of 39 cents per share, beating estimates by 3 cents. Sales came in...
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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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Tinder Or Facebook: Analysts Weigh In On Who's More Attractive
Wednesday, May 2, 2018 - 3:40pm | 741With a new stud on the Street, Match Group Inc (NASDAQ: MTCH) is looking less attractive these days. Facebook Inc. (NASDAQ: FB) announced Tuesday its foray into online dating with new features to help connect its 200 million “single” users. The virile competitor catalyzed a 25-...
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Online Dating Stocks Plummet After Facebook Says It Will Have New Features To Create 'Real Long-Term Relationships'
Tuesday, May 1, 2018 - 1:55pm | 367Amid criticism of fueling social dissolution, Facebook, Inc. (NASDAQ: FB) is intent to facilitate relationships. Now, the platform that branded itself as a “friends” zone is ready to take the next step. What Happened CEO Mark Zuckerberg announced Tuesday at the Facebook Developer...
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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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Tinder Transformed Online Dating, But High Expectations Are Priced In, Says Wells Fargo
Friday, March 9, 2018 - 3:19pm | 414Match Group Inc (NASDAQ: MTCH)’s Tinder is "the first truly global breakout mobile dating application," but high expectations are reflected in the parent company's valuation, according to a new sell-side take. The Analyst Wells Fargo's Peter Stabler downgraded...