MARKETWATCH - Feb 6 - Shares of Match Group are down 4% after Deutsche Bank analyst Kunal Madhukar downgraded the stock to hold from buy, writing that the company's "gold rush is over." That's a reference to Tinder Gold feature, which has helped drive strong paid member growth in recent quarters. Madhukar said that future growth for Tinder is likely to come from international sources, and the company may generate lower revenue per user overseas. Match Group reports earnings this afternoon.
by Emily Bary
See full article at Marketwatch
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