Activist Investor Takes 6.5% Stake in Tinder Parent Company – Should You Buy MTCH Too?

By |2024-07-16T17:17:15+00:00July 16th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , , |

Shares of the Tinder parent company, Match Group Inc. (MTCH) are up after hedge fund Starboard Value took a massive stake in the company, over 6.5% to be exact.  The stock climbed 9% in extended trading yesterday and picked up where it left off this morning, resulting in a 14% gain on the week [...]