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Marathon Trading bought $670K in Match Group, owner of Tinder, as the company reported lower-than-expected earnings.
Marathon Trading Investment Management LLC bought $670,000 worth of Match Group, Inc. (NASDAQ: MTCH) shares in the fourth quarter.
Match Group, which operates dating apps like Tinder and Hinge, reported earnings of $0.62 per share, falling short of the expected $0.84.
Analysts have given the company a "Hold" rating with an average price target of $37.68, and its stock currently trades around $32.03 with a market cap of $8.02 billion.
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Marathon Trading compró $670K en Match Group, propietario de Tinder, ya que la compañía reportó ganancias inferiores a las esperadas.