Tag Archives: mtch

12 oddly specific dating websites to make you forget Match

Online dating site operator Match (MTCH) went public Thursday, drawing attention to the wide variety of services that adults use to find love online. Match, a unit of IAC/InterActiveCorp (IACI), is the leading company in the space. It operates 45 brands, including Match.com, OkCupid and Tinder. “Late Night” talk-show host Seth Meyers, in his Thursday show, poked fun at the Match IPO. “The parent company of the dating app Tinder launched their IPO

Tinder Seen As ‘Wild Card’ In Match Group Outlook

It’s hard for advertisers to reach the under-35 demographic, but that’s an area where dating site Tinder may have a leg up, investment bank BTIG said Monday in initiating coverage of Tinder parent company Match Group (MTCH). Match made its IPO last week, rising 23% in its debut Thursday after pricing at 12, the low end of its expected range. Despite Tinder’s connection with young adults, BTIG initiated coverage with a sell rating and a price

Mixed Week For IPOs Displays Pricing Weakness

Five initial public offerings raised a combined $851.5 million in proceeds this past week, led by the $400 million raised by Match (MTCH), the largest provider of online dating services. Demonstrating the choppy market for IPOs, all five priced at the low end of, or below, their estimated price ranges. Three other IPOs were postponed. Match was the fifth largest technology IPO of the year, behind the $489 million raised by No. 4 tech IPO Pure