Match adds two directors in deal with activist investor Elliott Management [CNBC]
Match Group, Inc. (MTCH)
Last match group, inc. earnings: 2/4 04:11 pm
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US:NASDAQ Investor Relations:
ir.mtch.com/investor-relations
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Source: CNBC
Instacart Chief Marketing Officer Laura Jones and Zillow co-founder Spencer Rascoff will join the company's board, effective immediately. The appointments come after a “constructive” dialogue with Elliott that resulted in an information-sharing agreement, Match said in a release. Such agreements allow activist investors to have insight into the company's finances and operations, above and beyond what everyday investors have. Elliott is one of the most prolific activist investors in the space. In recent months, the firm has secured board shakeups at telecommunications REIT Crown Castle and the e-commerce platform Etsy Match shares are down 2% for the year and have fallen 79% from their 2021 high. The company has struggled to retain leadership, moving through a cast of CEOs and executives. Paying users, a key metric for investors, have declined for successive quarters. “We are one of the largest investors of Match Group today because we believe in its opportunity for significant
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MTCH
News
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MTCH
Earnings
- 1/30/24 - Beat
MTCH
Sec Filings
- 4/11/24 - Form 144
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- MTCH's page on the SEC website