The Traderszone Network

Published in TZ Latest News 15 January, 2017 by The TZ Newswire Staff

Why Match Group Inc Stock Jumped 26% Last Year

In its first full year as a publicly traded company, online dating conglomerate Match Group (NASDAQ: MTCH) surged past expectations, climbing 26%.

A number of factors led to its standout performance, including blockbuster growth from Tinder, strong operating leverage, and consistently beaten earnings estimates. Let’s take a closer look at how things played out in 2016.

MTCH Chart

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