Match (NASDAQ:MTCH) stock opened higher by about 11% but has since given up most of its gains. This morning, the Wall Street Journal reported that Paul Singer’s Elliott Management had invested approximately $1 billion into the dating services company. Elliott will take an activist stance with Match, who is the parent company behind Tinder and Hinge. The investor’s plans for Match have not yet been publicized. “Our team regularly engages with investors, and will continue to work to create great experiences f ...

Match Group (NASDAQ:MTCH), the company behind popular dating apps like Tinder, is in focus today on reports that activist investor Elliott Investment Management has started to build a stake in the firm. Led by billionaire Paul Singer, Elliott is known as an “activist investor” and often pushes companies to implement significant changes. MTCH stock is up about 3% on the news as of this writing.Elliott has obtained a stake of roughly $1 billion in Match Group, Barron’s reports, citing unnamed sources. Further ...

(L-R) Gary Swidler, chief financial officer of Match Group, Greg Blatt, chairman of Match Group, Sam Yagan, CEO of Match Group and co-founder and CEO of OkCupid and Nelson Griggs, vice president of Nasdaq, pose for a photo in Times Square after celebrating Match Group's initial public offering (IPO) at the NASDAQ stock exchange on November 20, 2015 in New York City.Tinder-owner Match jumped 13% in pre-market trading Tuesday after the Wall Street Journal reported that Elliott Management, the activist investi ...

Activist investor Elliott Investment Management is looking to enforce change at Tinder and Hinge after building a roughly US$1 billion in owner Match Group (NASDAQ:MTCH). As per the Wall Street Journal, Elliot plans to improve performance at Match, alongside taking steps to reinvigorate shares in the company, which sit 80% down on highs seen during the pandemic. Specific details on how Elliot will reignite the stock are yet to be revealed, though the US$1 billion stake is said to have placed Elliot as one o ...

Elliott Investment Management has taken a significant stake in online dating company Match Group Inc., and plans to push for changes to boost its stock, the Wall Street Journal reported Monday night. According to the report, which cited sources familiar with the matter, the activist investor has built a roughly $1 billion stake in Match. The Journal said Elliott wants Match to take steps to improve performance, though no specific details were reported. According to FactSet data, Elliott had no significan ...

Match Group is the parent company of Tinder, Hinge and other dating platforms. Photo: Nikolas Kokovlis/Zuma PressElliott Investment Management has built a big stake in Match Group and plans to push the online dating company to take steps to boost its languishing stock. The activist has built a position of roughly $1 billion in Match, the parent company of Tinder, Hinge and other dating platforms, according to people familiar with the matter.  ...

Key TakeawaysThe S&P 500 gained less than 0.1% on Thursday, Dec. 28, 2023, eking out a small advance after oscillating just beneath its all-time high.Tinder owner Match Group led the index as an analyst highlighted the online dating company's growth potential.Oil prices declined as shipping conditions in the Red Sea improved, putting downward pressure on shares of Apache Corp. along with other companies in the oil and gas sector.U.S. equities were little changed on Thursday, with the S&P 500 grinding out a ...

Match Group Inc (NASDAQ:MTCH) stock has been climbing since its early-November six-year lows, logging wins in five of the last seven weeks. However, if past is precedent, the dating app stock could be headed for a short-term dip. MTCH was last seen down 0.5% at $35.00, but its recent rally took the shares within one standard deviation of its 80-day moving average, a trendline with historically bearish implications. According to Schaeffer's Senior Quantitative Analyst Rocky White, Match Group stock has seen ...

As filed with the Securities and Exchange Commission on November 2, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-34148 Match Group, Inc. (Exact name of registr ...

As filed with the Securities and Exchange Commission on August 3, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No. 001-34148 Match Group, Inc. (Exact name of registrant as ...