Tinder Seen As ‘Wild Card’ In Match Group Outlook

By | November 23, 2015

Scalper1 News

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 Scalper1 News

Scalper1 News