Why Investors Swiped Left on Match Group Stock Today

At just 7 times current year free cash flow, Match Group looks like a turnaround stock.Match Group (MTCH -5.08%) stock slumped 6% through 10:10 a.m. ET on Wednesday despite "beating earnings" Tuesday evening. Analysts forecast the online dating app would earn $0.40 per share on$855.5 million in first-quarter sales. In fact, Match reported a profit 10% higher -- $0.44 per share -- and superior sales of$859.6 million.Its stock dropped anyway.Match Group Q1 earningsThose headline numbers hide some uncomforta ...