Match Group Inc is a global leader in the online dating industry, operating a diverse portfolio of popular dating apps and platforms that connect individuals seeking romantic relationships. The company focuses on creating innovative experiences that foster genuine connections through its various brands, including Tinder, Match.com, OkCupid, and Plenty of Fish, among others. Match Group employs user-friendly features, data-driven algorithms, and personalized matches to enhance user engagement and satisfaction, catering to a wide range of demographics and preferences in the dating landscape. By continuously evolving its offerings and investing in technology, Match Group aims to empower individuals to find meaningful relationships in a digital age. Read More
Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. But it’s not all sunshine and rainbows as consumer purchasing power can make or break demand.
This unpredictability is weighing on returns as the industry has posted a flat return over the past six months while the S&P 500 was up 5.2%.
Match Group will pay $14 million and implement clear guarantee disclosures, easy cancellations, and fair billing practices under an FTC settlement resolving deceptive practice allegations.
A number of stocks jumped in the morning session after markets continued to rally as the latest inflation data reinforced expectations for a Federal Reserve rate cut as soon as September. The latest Consumer Price Index (CPI) report for July showed inflation holding steady, reinforcing market expectations that the Federal Reserve could begin cutting interest rates as soon as September. Lower interest rates generally stimulate the economy by making borrowing cheaper for consumers and businesses. This can lead to increased consumer spending and e-commerce activity, which directly benefits online retail and marketplace companies. The positive economic outlook fueled a broad-based rally, pushing the S&P 500 and Nasdaq to new record highs and lifting most growth-oriented technology stocks.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
Dating app company Match (NASDAQ:MTCH) reported Q2 CY2025 results beating Wall Street’s revenue expectations, but sales were flat year on year at $863.7 million. Guidance for next quarter’s revenue was optimistic at $915 million at the midpoint, 2.9% above analysts’ estimates. Its non-GAAP profit of $0.71 per share was 8.2% below analysts’ consensus estimates.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Monday. Stay informed about the latest market trends.
Looking back on consumer subscription stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Roku (NASDAQ:ROKU) and its peers.
Shares of dating app company Match (NASDAQ:MTCH)
jumped 10.1% in the afternoon session after the company reported second-quarter results that indicated early signs of a successful turnaround for its key Tinder dating app. The company’s revenue of $864 million remained flat compared to the previous year but surpassed guidance. More impressively, earnings per share crushed analyst expectations. The positive results stemmed from initial improvements in Tinder's user metrics and continued strong operational momentum at the Hinge app. Following the report, Wall Street sentiment improved. JPMorgan lifted its price target to $33, and Goldman Sachs boosted its target to $42. Both firms pointed to the promising product initiatives designed to enhance the Tinder app as a key reason for their optimism.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the market action on Wednesday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Dating app company Match (NASDAQ:MTCH) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $863.7 million. Guidance for next quarter’s revenue was optimistic at $915 million at the midpoint, 2.9% above analysts’ estimates. Its GAAP profit of $0.49 per share was in line with analysts’ consensus estimates.
As the regular session of the US market on Tuesday comes to an end, let's delve into the after-hours session and discover the top S&P500 gainers and losers shaping the post-market sentiment.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Match Group (MTCH) beats Q2 2025 EPS estimates with $0.72, surpassing forecasts. Revenue neared expectations despite a $14M legal charge. Tinder's turnaround and Hinge's 25% growth fuel investor optimism, driving shares up 10% after hours.
