Tinder Parent Gets Boost From Wall Street Analysts
Wall Street analysts are swiping right on Tinder parent Match Group Inc.
Shares of the company, whose portfolio of online dating platforms also includes Hinge and Match.com, slid late Wednesday after its outlook for the current fiscal quarter left investors disappointed. But after a string of bullish analyst notes, the stock rebounded—finishing Thursday up 4%, compared with the S&P 500, which rose 0.3%.
The bull case for online dating? There’s little sign that demand for it is fading.
