Elliott Investment Management L.P. Reduces $228M in Match Group, Inc. ($MTCH)
Key Points
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Elliott Investment Management L.P. reduced its position in Match Group, Inc. ($MTCH), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Match Group, Inc. after selling 6,000,000 shares during the quarter.
Match Group, Inc. Stock Down 8.5%
Shares of Match Group, Inc. ($MTCH) traded around $38.05 on Saturday, down 8.5% for the day.
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Analysts Set New Price Targets
About Match Group, Inc.
Match Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and other brands, built to increase users' likelihood of connecting with others. It provides tailored services to meet the various preferences of its users. Match Group, Inc. was incorporated in 1986 and is based in Dallas, Texas.
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