129 days ago • Posted by William Ramstein
Match group owns online dating; could see shares blow up after restrictions lift
Match owns Tinder, Hinge, Pairs and the like. When Bumble announced its IPO shares fell, but investors shouldn’t be overly discouraged: Match entered the fourth quarter having outperformed the midpoint of its initial guidance by between 3% and 14% over the past three years, according to Jefferies analyst Brent Thill. Impressively, its fourth-quarter numbers show it also met its initial revenue guidance for 2020, given way back in early November of 2019, before the first case of Covid-19 had even been identified.