Match Group Stock Slips as Fourth Quarter Outlook Disappoints
MTCHMatch Group(MTCH) Investopedia·2024-11-07 23:36

Key TakeawaysMatch Group shares slipped Thursday morning as revenue projections for the fourth quarter fell short of estimates.The owner of Tinder, Hinge, and other dating services beat profit estimates for the third quarter.However, the company said revenue from Tinder was below expectations and said some new features negatively impacted subscription revenue. Shares of online dating giant Match Group (MTCH) tumbled Thursday morning despite a third-quarter earnings beat released after the bell Wednesday. Th ...