Match Group, Inc. (MTCH) is an internet and technology company that owns and operates one of the world’s largest portfolios of online dating services, including popular brands such as Tinder, Match.com, Hinge, OkCupid, Plenty of Fish, and others. The company is headquartered in Dallas, Texas, and its platforms are available in over 40 languages, serving millions of users globally. Its market cap is around $7.5 billion.
Shares of this dating app operator have lagged behind the broader market over the past 52 weeks. MTCH has fallen 11.8% over this time frame, while the broader S&P 500 Index ($SPX) has soared 15.4%. Moreover, on a YTD basis, the stock is down 3.9%, compared to SPX’s 1.8% uptick.
