Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Tinder Turnaround Strategy Inspires Confidence in Match Group (MTCH) [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
On January 5, Shweta Khajuria from Wolfe Research reaffirmed her stance on Match Group (NASDAQ:MTCH), giving a Buy call. Khajuria revised her price target from $42 to $43, implying about 32% upside. Copyright: garagestock / 123RF Stock Photo She highlighted the outperformance of Internet stocks over the last 3 years, and expects the trend to continue despite some fears of stretched multiples. She predicts AI advancements and relevant product development spending to remain some of the major drivers, along with strong macroeconomic forecasts. On December 10, RBC Capital analyst Brad Erickson also reiterated his optimistic forecast for Match Group (NASDAQ:MTCH). He assigned a Buy rating with a target price set at $37, leading to an upside of around 13.5%. Erikson's rating came after his discussions with senior leadership, which revolved around the turnaround strategy for Tinder. Management emphasized that their focus will be on brand restoration, product improvements, and some l 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