It was once thought that Facebook was going to stamp all over the Match portfolio of dating apps, but that has not happened, quite the opposite. MTCH has almost monopolized the online dating sector with multiple apps and platforms catering for a wide and diverse set of people. Growth is outstanding and that will only grow as more and more people become dependent...
I have been seeing many stock pop just before earning as traders gamble on a strong report.
I will watch this one on Monday for some positive action. Could also be a weekly lotto option play.
Personally will not hold anything through earnings.
We all might not use dating apps but the chances are we are well aware of the names, and for MATCH GROUP investors the have a almost monopoly on all the top dating sites in the world. This is for sure along term stock to hold but we need to wait for a entry point at approx $61.