Match Shares Plunge More Than 20% After Online Dating Company Misses on Revenue and Forecast
Introduction Online Dating Company Match Group Inc. (Nasdaq: MTCH) reported a drop in revenue, but it’s expecting to return to growth next quarter. Shares fell more than 20% during after-hours trading Tuesday after the company missed analysts’ revenue expectations for the second quarter. The company reported revenue of $488 million on Tuesday well below analysts’ […]