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Why Match Group Stock Dropped Like a Rock Today

Why Match Group Stock Dropped Like a Rock Today

Shares of online-dating platform company Match Group (NASDAQ: MTCH) dropped like a rock on Wednesday after the company reported that its final quarter of 2022 was a dud. As of 12:30 p.m. ET, Match Group stock was down 9.3%, but it had been down as much as 10% earlier in the trading session. Match Group stock was the second-worst performer in the S&P 500 in 2022.