Strength Seen in Match Group (MTCH): Can Its 6.7% Jump Turn into More Strength?

Match Group (MTCH) shares soared 6.7% in the last trading session to close at $33.76. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.4% gain over the past four weeks.Match's business snapshot highlights the company's leadership position in the dating industry. According to data shared during the investor day, Match has about 82 million active users across platforms, 15 million of which are "payers" (spending money on the platf ...