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Match Group Offers A Strong Relationship For Gains
MTCHMatch Group(MTCH) Seeking Alpha·2024-04-10 08:10
PM Images Earlier this year, activist hedge fund Elliott Investment Management, owned by billionaire Paul Singer, reportedly built a $1B stake in Match Group (NASDAQ:MTCH). Match Group is the most experienced publicly traded operator in the online dating space, with a portfolio of apps including Tinder, Hinge, OkCupid, and Plenty Of Fish, which all rank in the top 10 on the Google Play Store under the "Dating" category. According to HedgeFollow, Elliott reported a $109M MTCH position in 4Q of last year  ...