Match Group Stock Surges on Hinge’s Strong Performance
Match Group shares rallied nearly 10% after the dating app giant reported better-than-expected quarterly results, driven by standout growth at its Hinge unit. Revenue reached $863.7 million, edging past analyst estimates, with Hinge's sales jumping 25% to $167.5 million.
New CEO Spencer Rascoff highlighted Hinge's AI-powered matching algorithm, which boosted user engagement by 15% since March. Monthly active users grew nearly 20% in the first half of 2025, reinforcing the platform's momentum in the competitive dating app market.
The strong performance underscores how targeted product enhancements and AI integration can revive growth in mature tech sectors. Match Group's stock, previously up just 3% year-to-date, now reflects renewed investor confidence in its innovation capabilities.