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MTCH230120P00210000

OPR - OPR Delayed Price. Currency in USD
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63.700.00 (0.00%)
As of 07:49AM EDT. Market open.
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Previous Close63.70
Open63.79
Bid80.50
Ask84.75
StrikeN/A
Expire Date2023-01-20
Day's Range63.70 - 63.80
Contract RangeN/A
Volume35
Open Interest114
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    Match Group's (NASDAQ: MTCH) investors lost ground to the market this week as shares fell 9% through Thursday trading even as the wider market rose 0.5%, according to data provided by S&P Global Market Intelligence. The decline added to a tough year for owners of the online dating service, whose stock is down nearly 50% so far in 2022. Match said on Tuesday that revenue grew 12% for the second quarter (19% after accounting for currency exchange rates).

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    Why Match Group Stock Plunged Today

    Shares of Match Group (NASDAQ: MTCH) fell on Wednesday after the dating app leader released its second-quarter results and issued a tepid growth forecast for the second half of the year. In the second quarter, Match Group's revenue rose 12% year over year to $795 million. This growth was driven by a 10% jump in payers -- people who subscribe to Match Group's premium offerings or make a la carte purchases -- to 16.4 million.