How A Match Group Nuptial Might Help Online Dating Firm's Stock

If Match Group (MTCH) buys Bumble, a rival of Match's Tinder mobile dating app, at the "right price" shares could rally, says a Jefferies analyst.

Brent Thill, the Jefferies analyst, also speculates in a report that Match-parent IAC/InteractiveCorp. (IAC) may spin off the remainder of its shares — a move that would likely force those investors who are shorting Match's stock to cover their positions.

Match's growth has been powered by subscriber growth at Tinder. Reports surfaced in...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Match Group [+]    MTCH [+]    Bumble [+]    Tinder [+]    Jefferies [+]    Brent Thill [+]    IAC [+]    InteractiveCorp [+]   

More #news: