Match Group Stock Bounced Back, Facebook Hasn't Killed Tinder - Online Personals Watch: News on the Online Dating Industry and Business

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Match Group Stock Bounced Back, Facebook Hasn't Killed Tinder

Stock price climbingBARRON'S - May 8 - It has been a year since Facebook announced it was getting into online dating and Match Group stock fell to $35. But it closed at $60 yesterday, and it was recently up 6% in after-hours trading after the company announced Q1 results. Tinder performed well, with subscribers and ARPU described as the main reasons for Match's revenue growth. Facebook, meanwhile, continues to move ahead with dating services. It is expected in the US later this year.

by David Marino-Nachison
See full article at Barron's

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May 08, 2019 |

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