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3 Things Boosting Investor Optimism in Match Group Stock

·4 min read
3 Things Boosting Investor Optimism in Match Group Stock
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It looks like people can't get enough of Match Group's (NASDAQ: MTCH) products. The owner of online dating properties including Tinder, Match.com, and Hinge released another quality earnings report on May 5, beating analyst expectations and reiterating revenue guidance for growth in the mid to high-teens for 2021. Despite headwinds from the COVID-19 lockdowns, especially in countries like India that are still facing a huge surge in cases, Match Group continues to grow its dating business and is about to enter a new industry, social discovery.