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Match Group Shares Surge 10.4% on Turnaround Optimism

Match Group Shares Surge 10.4% on Turnaround Optimism

Published:
2025-08-07 00:25:01
13
3
BTCCSquare news:

Match Group (MTCH) rallied sharply after reporting Q2 earnings that topped revenue estimates and met bottom-line expectations. The online dating conglomerate's flat year-over-year growth marked an improvement from recent declines, with guidance suggesting a return to modest expansion next quarter.

New CEO Spencer Rascoff's restructuring of struggling flagship app Tinder appears to be gaining traction. The platform remains down 7% in revenue but shows early signs of operational improvement through workforce reductions, AI integration, and accelerated product development cycles.

|Square

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