Your email has been successfully added to our mailing list.

×
0 0 -0.000150082545400047 0.000750412726999807 0.000450247636199714 0.000750412726999807 -0.000150082545400047 -0.000150082545400047
Stock impact report

Grindr chairman steps down amid his bid to take the company private [Yahoo! Finance]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: Yahoo! Finance
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped down from his position. James Lu, who served on Grindr's board for more than five years, said last week he was resigning to focus on personal business pursuits. In October, Lu and fellow board member Ray Zage made an offer to take Grindr private in a nearly $3.5-billion deal. Lu and Zage collectively own 60% of Grindr's outstanding shares and offered to buy the rest for $18 each in cash. Shares were valued at around $15 each in midday trading Monday. "My decision to resign from the Board is not a reflection of my views on Grindr," Lu wrote in a letter to board members announcing his resignation. "I remain optimistic about Grindr's long-term prospects, as demonstrated by the proposal and my desire to take the company private to refocus and execute on opportunities to grow the business." Read more: Tinder bets on group dating feature to win back Show less Read more
Impact Snapshot
Event Time:
MTCH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MTCH alerts
Opt-in for
MTCH alerts

from News Quantified
Opt-in for
MTCH alerts

from News Quantified