Valued at a market cap of $7.6 billion, Dallas, Texas-based Match Group, Inc. (MTCH) is a leading American technology company specializing in online dating services. Headquartered in Dallas, Texas, Match Group owns and operates a diverse portfolio of over 45 dating platforms, including globally recognized brands such as Tinder, Match.com, Hinge, OkCupid, Plenty of Fish, Meetic, OurTime, and Pairs.
Shares of MTCH have underperformed the broader market over the past 52 weeks. MTCH has declined 7.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 8.2%. Shares of MTCH are down 8.4% on a YTD basis, compared to $SPX’s 4.7% dip.
