Match Stock Upside Expected as Covid Vaccines Drive In-Person Dating Rebound

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Match Stock Upside Expected as Covid Vaccines Drive In-Person Dating Rebound

INVESTORS.COM - Jan 14 - Match stock should be a big reopening beneficiary as coronavirus vaccinations gain traction globally and the company rolls out new products, analysts say. Match stock gained 83% in 2020. Amid the coronavirus pandemic, Tinder launched video chat services for stay-at-home users. After Q3 earnings, shares hit an all-time high of 159.53 on Dec. 17. "For 2021, we believe new products catalysts (Tinder Platinum, live video, Swipe Night) and higher willingness to date in-person will likely drive an acceleration in revenue growth," said Jefferies analyst Brent Thill.