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Shareholders that lost money on Match Group, Inc. (MTCH) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2024-12-16 19:49
Core Viewpoint - A class action securities lawsuit has been filed against Match Group, Inc. alleging securities fraud that negatively impacted investors between May 2, 2023, and November 6, 2024 [1][2]. Group 1: Lawsuit Details - The complaint claims that Match Group materially understated the challenges affecting Tinder, leading to an underestimation of the risk that Tinder's monthly active user count would not recover by the time the Company reported its Q3 2024 financial results [2]. - Defendants' statements regarding Match Group's business, operations, and prospects were allegedly materially false and misleading, lacking a reasonable basis during the relevant time [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 24, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4].
Match Group: Shares Look Deeply Undervalued With 12% Yield Through 2027
Seeking Alpha· 2024-12-16 14:50
Match Group (NASDAQ: MTCH ) shares are down more than 5% since the company hosted its Investor Day on December 11. Interestingly, however, if the projections made during the event are true, then MTCH stock looks deeply undervalued.Experience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend of Investor ExpressA ...
Shareholders that lost money on Match Group, Inc.(MTCH) should contact The Gross Law Firm about pending Class Action - MTCH
Prnewswire· 2024-12-16 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Match Group, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its business operations, particularly concerning Tinder's user count recovery [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from May 2, 2023, to November 6, 2024 [2]. - Allegations include that Match Group understated challenges affecting Tinder, leading to a misrepresentation of the risk regarding the recovery of Tinder's monthly active user count [2]. - The lawsuit claims that the defendants' statements about Match Group's business and prospects were materially false and lacked a reasonable basis [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by January 24, 2025, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. - Participation in the case incurs no cost or obligation for shareholders [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
Match investor day highlights Hinge growth but raises doubt about Tinder's recovery
Proactiveinvestors NA· 2024-12-13 17:22
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [2][3] - Proactive focuses on various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive adopts technology enthusiastically, equipping content creators with valuable expertise and experience [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Match Group, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 24, 2025 to Discuss Your Rights - MTCH
Prnewswire· 2024-12-13 10:45
NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Match Group, Inc. ("Match Group, Inc." or the "Company") (NASDAQ: MTCH) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Match Group, Inc. investors who were adversely affected by alleged securities fraud between May 2, 2023 and November 6, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/match-group-inc ...
MTCH Investors Have Opportunity to Lead Match Group, Inc. Securities Fraud Lawsuit
Prnewswire· 2024-12-12 22:58
LOS ANGELES, Dec. 12, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Match Group, Inc. ("Match Group" or the "Company") (NASDAQ: MTCH).Class Period: May 2, 2023 – November 6, 2024Lead Plaintiff Deadline: January 24, 2025If you are a shareholder who suffered a loss, click here to participate.The complaint filed alleges that, throughout the Class Period, Defendants failed to discl ...
Match Group's Dividend Yield Outshines Peers, But User And Revenue Trends Must Improve For Share Price Boost: Analyst
Benzinga· 2024-12-12 18:10
JP Morgan analyst Cory A Carpenter reiterated the Overweight rating on Match Group, Inc. MTCH.The analyst notes that while Match Group’s fourth quarter outlook and initial 2025 forecast were disappointing, the company’s AI-driven roadmap shows potential for reinvigorating user growth, particularly through Tinder’s AI features.However, the analyst points out that AI progress is still early, with only the Photo Selector feature fully implemented.Despite concerns over Tinder’s revenue and user trends, Carpente ...
Faruqi & Faruqi Reminds Match Group Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 24, 2025 - MTCH
Prnewswire· 2024-12-12 14:45
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Match To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Match between May 2, 2023 and November 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Far ...
Shareholders that lost money on Match Group, Inc.(MTCH) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2024-12-12 10:45
NEW YORK, Dec. 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Match Group, Inc. (NASDAQ: MTCH).Shareholders who purchased shares of MTCH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/match-group-inc-loss-submission-form-3/?id=115950&from=4CLASS PERIOD: May 2, 2023 to No ...
Match Group Warns Negative Currency Impacts Will Bring Down Revenue
Investopedia· 2024-12-11 18:45
Key TakeawaysMatch Group said unfavorable currency exchange rates will cause current-quarter revenue to be below earlier estimates.The online dating site operator said the rate impact will reduce fourth-quarter revenue by $15 million more than anticipated, with two-thirds of that attributable to the Tinder site.Match Group also said the drop in new users on Apple iOS remained stable but hasn't fully recovered from the September trend line. Shares of Match Group (MTCH) fell more than 5% Wednesday when the op ...