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OFFON

MATCH GROUP, INC.

(MTCH)
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Match and Bumble Gain After Reports of Google Play Fee Cuts

10/21/2021 | 12:39pm EST

By Josh Beckerman

Shares of Match Group Inc., which has said that in-app fees to Apple Inc. and Alphabet Inc.'s Google are its biggest expense, were recently up 9% at $173.98 after several media reports that Google Play service fees are being reduced.

Bumble Inc. rose 9% to $57.18, while Roblox Corp. gained 6% to $83.20.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

10-21-21 1439ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -2.69% 2843.66 Delayed Quote.62.25%
BUMBLE INC. -1.60% 33.83 Delayed Quote.0.00%
MATCH GROUP, INC. -2.72% 133.67 Delayed Quote.-11.59%
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11/08MATCH GROUP, INC. Management's Discussion and Analysis of Financial Condition and Resu..
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11/04JPMorgan Adjusts Price Target for Match Group to $185 From $180, Maintains Overweight R..
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11/04Barclays Adjusts Price Target on Match to $153 From $148, Maintains Equal-Weight Rating
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11/04Morgan Stanley Lifts Price Target on Match Group to $192 From $180, Citing Confidence i..
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More news
Analyst Recommendations on MATCH GROUP, INC.
More recommendations
Financials (USD)
Sales 2021 3 023 M - -
Net income 2021 613 M - -
Net Debt 2021 3 188 M - -
P/E ratio 2021 68,6x
Yield 2021 -
Capitalization 37 840 M 37 840 M -
EV / Sales 2021 13,6x
EV / Sales 2022 11,0x
Nbr of Employees 1 890
Free-Float 97,0%
Chart MATCH GROUP, INC.
Duration : Period :
Match Group, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MATCH GROUP, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 133,67 $
Average target price 171,57 $
Spread / Average Target 28,4%
EPS Revisions
Managers and Directors
Sharmistha Dubey Chief Executive Officer & Director
Gary Swidler Chief Operating & Financial Officer
Thomas J. McInerney Chairman
Stephen Bailey Independent Director
Melissa Brenner Independent Director
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