NEW YORK, Dec. 20, 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 ...

NEW YORK, Dec. 19, 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=117277&from=4CLASS PERIOD: May 2, 2023 to No ...

SAN DIEGO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities who purchased or otherwise acquired Match Group, Inc. (NASDAQ: MTCH) securities between May 2, 2023 and November 6, 2024. Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. ...

Company Overview - Match Group (MTCH) is the leading online dating platform with an estimated ~50% share of global dating users across its portfolio of brands, including Tinder and Hinge, with Tinder being the largest and most profitable dating app globally [1] Analyst Downgrade - JPMorgan analyst Cory Carpenter downgraded Match Group from Overweight to Neutral and lowered the price target from $40 to $33, reflecting expectations for muted growth in the online dating industry in 2025 [1][2] Growth Expectations - Carpenter anticipates limited visibility regarding the timing and magnitude of the Tinder turnaround, with expectations that Tinder payers will stabilize as focus shifts from price optimizations to product and marketing [2][3] - The turnaround for Tinder has proven more challenging than expected, with significant work needed to return Tinder to sustainable growth [3] Revenue Projections - Tinder's revenue and user metrics are expected to decline before any improvement, with a return to growth not forecasted until 2027 [4] - Carpenter reduced his direct revenue estimate for Tinder by 10% for 2026, projecting a revenue decline of 6% in 2025, flat in 2026, and a 2% increase in 2027 [4] Valuation Metrics - The price target of $33 is based on nine times Carpenter's 2025E AOI of $1.3 billion, which is a discount compared to Grindr Inc (18 times) but a premium to Bumble Inc (6 times) [5] Current Stock Performance - As of the publication date, Match Group stock is trading at $31.76, reflecting a 0.57% increase [6]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Match Group, Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements about Tinder's performance and user metrics [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in Match between May 2, 2023, and November 6, 2024, to discuss their legal options [1]. - A federal securities class action has been filed against Match Group, with a deadline of January 24, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that Match Group materially understated challenges affecting Tinder, leading to misleading statements about the company's business and prospects [4]. Group 2: Financial Performance and Market Reaction - On November 7, 2024, Match Group's stock fell by 17.8% to close at $31.11 per share following disappointing fourth-quarter outlooks, despite a third-quarter earnings beat [5]. - Tinder's Direct revenue fell below expectations, with a 9% decline in monthly active users compared to the previous year, and revenue per payer grew less than anticipated [5].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive has a presence in key finance and investing hubs with bureaus and studios located in major cities such as London, New York, and Sydney [2] Group 2 - The company emphasizes the use of technology to enhance workflows and improve content production [4] - Proactive employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

NEW YORK, Dec. 17, 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 ...

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 (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 ...

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].