|Bid||33.79 x 200|
|Ask||34.60 x 200|
|Day's Range||41.20 - 42.67|
|52 Week Range||15.42 - 42.67|
|PE Ratio (TTM)||35.19|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||39.06|
New Match Group Chief Executive Mandy Ginsberg plans a women-talk-first option for Tinder, says ‘giving people the choice versus telling people how to engage is the big difference’
The online-dating world isn’t always a fun one for women, but Match Group’s new CEO Mandy Ginsberg wants to change that.
Groupon Inc (NASDAQ:GRPN) stock had a big year in 2017. Heading into the year, Groupon had exited 32 countries. At the same time, the company ramped up its advertising — notably offline — to drive revenue growth and hopefully propel GRPN stock higher.
To nudge the competition, Tinder is now looking to mimic Bumble's modus operandi — allowing women to initiate conversation. Tinder — owned by New York-based IAC/InterActiveCorp — now wants to work that feature into its own interface ( h/t MarketWatch ). Tinder is one of the many dating services owned by Match Group, an IAC portfolio company, along with OkCupid, PlentyOfFish and Match.com.
For Match Group (MTCH), it would appear to be the latter. The Tinder operator, which last year was said to be interested in buying “Women make the first move” competitor Bumble for as much as $1 billion, now says it will unveil new features that might sound familiar. As new CEO Mandy Ginsberg told MarketWatch (and former Barron’s Next) writer Emily Bary for a story published Wednesday morning: Tinder will let female users choose whether they want to initiate all conversations with future matches, as Bumble does.
Short interest is moderate for MTCH with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 29. ETFs that hold MTCH had net inflows of $231 million over the last one-month.
I had an opportunity to speak with Melissa Hobley, OkCupid’s first ever CMO, about the progressive and purpose-drive brand’s edgy new ad campaign that's both timely and powerful. Happy Valentines Day!
IAC said fourth-quarter earnings were $1.40, up a penny from a year ago, with revenue rising 17% to $950 million, topping consensus estimates.
Tinder sparked another big quarter for parent company Match Group Inc., adding a record number of paying subscribers and helping drive revenue for the quarter above expectations amid an earnings hit from ...
Tinder will launch a series of new features based on location in 2018, its parent company Match Group revealed during this week's Q4 2017 earnings.
Match Group's average paid subscribers surged 23.6 percent to 7 million in the fourth quarter, in line with analysts' average estimate, according to financial and data analytics firm FactSet. Tinder, on which people swipe right or left to signal their interest or lack of it in meeting prospective partners, added 1.5 million paid subscribers in 2017, compared with about 900,000 in 2016. The company, which also owns OkCupid and Match.com, said Tinder now has for more than 3 million paid subscribers.
On a per-share basis, the Dallas-based company said it had a loss of 3 cents. Earnings, adjusted for pretax expenses and stock option expense, were 18 cents per share. The results fell short of Wall Street ...
Match Group Inc (NASDAQ:MTCH) shares tumbled after hours as the company reported on its latest quarter.Source: Wikipedia
Match reported Q4 revenue that blew past estimates on soaring growth of its Tinder dating app as adjusted profit missed estimates on rising investments.
The dating app will soon let women decide whether they want to be the first to message a potential match or let men message them first. Yahoo Finance’s Alexis Christoforous, Ethan Wolff-Mann and Melody Hahm discuss whether or not the move will work for Tinder.
On this Valentine's Day, Match Group CEO Mandy Ginsberg speaks to "Squawk on the Street" about the popularity of the company's dating apps and brands, new features and the business strategy behind them all.