Dallas, Texas-based Match Group, Inc. (MTCH) is an internet technology company that owns and operates a broad portfolio of leading online dating brands, including Tinder, Hinge, OkCupid, Plenty of Fish, and Match.com. Valued at a market cap of $7.8 billion, the company generates revenue from subscription fees, advertising and in-app purchases across its brands.
Shares of this dating app operator have lagged behind the broader market over the past 52 weeks. MTCH has fallen 8.9% over this time frame, while the broader S&P 500 Index ($SPX) has soared 19.6%. Moreover, on a YTD basis, the stock is marginally down, compared to SPX’s 16.5% uptick.
