Valued at a market cap of $8.9 billion, Dallas, Texas-based Match Group, Inc. (MTCH) is a leading provider of online dating products, operating a diverse portfolio of over 45 brands, including Tinder, Match.com, Hinge, and OkCupid. With services available in more than 40 languages, the company connects millions of users worldwide through innovative matchmaking technology.
Shares of the online dating app company have underperformed the broader market over the past 52 weeks. MTCH has declined 2.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.8%. However, shares of MTCH are up 11.5% on a YTD basis, outpacing SPX’s 2.7% gain.
