Match Group, Inc (MTCH)

$ 36.79
   
  • Change Today:
    $-0.22
  • 52 Week High: $38.62
  • 52 Week Low: $27.85
  • Currency: US Dollars
  • Shares Issued: 251.46m
  • Volume: 3,375,183
  • Market Cap: $9,251m
  • RiskGrade: 254

Elliott said to have built big stake in Match Group, shares surge

By Michele Maatouk

Date: Tuesday 09 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Match Group shares surged in pre-market trade on Tuesday following a Wall Street Journal report that Elliott Investment Management has taken a significant stake in the online dating company.
In a report late on Monday, the WSJ said activist investor Elliott intends to push for changes to boost its stock.

The WSJ cited sources familiar with the matter as saying that Elliott has built a stake of around $1bn in Match. It said Elliott wants the company to take steps to improve performance, although no details were given.

A Match spokesperson told the WSJ: "Our team regularly engages with investors, and will continue to work to create great experiences for our users and value for our shareholders."

Match owns online dating sites such as Match.com, Tinder and Hinge.

At 1400 GMT, the shares were up 12.3% in pre-market trade at $42.55.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MTCH Market Data

Currency US Dollars
Share Price $ 36.79
Change Today $ -0.22
% Change -0.59 %
52 Week High $38.62
52 Week Low $27.85
Volume 3,375,183
Shares Issued 251.46m
Market Cap $9,251m
RiskGrade 254

Trades for 21-Aug-2025

Time Volume / Share Price
16:00 395,833 @ $36.79
15:59 500 @ $36.79
15:59 100 @ $36.79
15:59 112 @ $36.79
15:59 100 @ $36.79

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