Can Billionaire Paul Singer Save Match Group (MTCH) Stock?
Match Group(MTCH) InvestorPlace·2024-01-10 01:35
Match Group (NASDAQ:MTCH), the company behind popular dating apps like Tinder, is in focus today on reports that activist investor Elliott Investment Management has started to build a stake in the firm. Led by billionaire Paul Singer, Elliott is known as an “activist investor” and often pushes companies to implement significant changes. MTCH stock is up about 3% on the news as of this writing.Elliott has obtained a stake of roughly $1 billion in Match Group, Barron’s reports, citing unnamed sources. Further ...