Elliott Investment Management L.P. Reduces $209M in Match Group, Inc. ($MTCH)
Key Points
- Elliott Investment Management L.P. changed its Match Group, Inc. ($MTCH) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $MTCH is Buy and an average price target of $41.06.
- $MTCH last traded around $34.89.
Elliott Investment Management L.P. reduced its position in Match Group, Inc. ($MTCH), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Match Group, Inc. after selling 6,000,000 shares during the quarter.
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About Match Group, Inc.
Match Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and other brands, built to increase users' likelihood of connecting with others. It provides tailored services to meet the various preferences of its users. Match Group, Inc. was incorporated in 1986 and is based in Dallas, Texas.
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