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Match Group, Inc. (MTCH)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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67.97+1.70 (+2.57%)
At close: 04:00PM EDT
68.52 +0.55 (+0.81%)
After hours: 07:43PM EDT

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  • A
    Hello, I'm a newbie in crypto,, what's the best way to get started with trade cos l'v been making my personal research for a while now
  • M
    Will be a good short after a bit of a bounce. Value needs to go back to pre covid levels on continuous losses. So $25 a share
  • R
    make 0.7 per share before one time writedown cost of $217 million, make company into negative $0.11.

    should back to 70 soon.
  • B
    Day trading. Bought at 59,76. Sold at 63,8 it’s a match ;-) Thank u
  • R
    Will lose $4 billion in mkt. cap overnight lol.
  • F
    strait up to 75 from here- load all u can
  • r
    sell everything 19
  • B
    This is $30 @ max. Hyped too much.
    I warned weeks ago.
  • H
    Losing Market Share
  • R
    Tinder chief executive departs as Zynga executive who took over top spot launches changes to online-dating company
    Match Group Inc. shares were pummeled Tuesday after the online-dating company's new chief executive detailed a slowdown for its most popular product, Tinder, and decided to pause newer initiatives such as Tinder-based crypto and " metaverse" dating.
    Match (MTCH) reported a loss of $31.86 million, or 11 cents a share, down from a profit of 46 cents a share a year ago. Revenue grew to $794.5 million from $707.8 million a year ago, but missed analysts' estimates.
    Analysts on average expected earnings of 57 cents a share on sales of $804 million, according to FactSet. Shares fell more than 20% in after-hours trading immediately following the release of the results, after closing with a 4.3% gain at $76.71.
    A large reason for the surprising loss was a writedown of $217 million on the acquisition of Hyperconnect, an Asian dating company attempting to integrate "metaverse" features. Match paid more than $1.7 billion for the company last year, but new Chief Executive Bernard Kim said that he is slowing down development and spending.
    "I believe a metaverse dating experience is important to capture the next generation of users, and Hyperconnect has been innovating in this area. However, given uncertainty about the ultimate contours of the metaverse and what will or won't work, as well as the more challenging operating environment, I've instructed the Hyperconnect team to iterate but not invest heavily in metaverse at this time," Kim wrote in a letter to shareholders Tuesday. "We'll continue to evaluate this space carefully, and we will consider moving forward at the appropriate time when we have more clarity on the overall opportunity and feel we have a service that is well-positioned to succeed."
    Match has grown steadily for years thanks to growth in paying users for Tinder, but that effort has also hit a speedbump. Kim said that Tinder CEO Renate Nyborg is leaving, and he will "be fully embedded within
  • F
    wait till 120 to cover your short
  • C
    buy $momo Hello Group inc instead , the asian Match Group Has better Numbers,more Users with tantan (tinder) and Momo Apps, buyback, huge divi and very undervalued! huge Potential Here Goldman, asian Investors and wsb buying
  • C
    $Momo Hello Group the Asian Match way better buy at These prices and Stage ! Look Into IT, tantan Just Beat your tinder in se Asia Indonesia...Just starting.
  • A
    This stock moves around a lot so im expecting another climb...maybe $5-6 in next week or two...just chart this thing and you will see it is a great stock to flip.
  • C
    I'd like to know what kind of results men on various dating apps are actually getting. Perhaps it makes sense to buy the premium version of an app if it will increase their dating options, but are they getting those improved results? I'm sure the 6'4 athletic Chad generally does well, but what about the average guy who's 5'9 with an average build and a $50k a year job?
  • W
    P/E 76…only 250M yearly net income, even that they still money from mens on Tinder, this should be $10 stock long time ago,
  • M
    I guess making a dating app “designed to be deleted” isn’t great for earnings. 🤷🏻‍♂️