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Match Group (MTCH) Catches Eye: Stock Jumps 8.3%

Zacks

Match Group, Inc. MTCH was a big mover last session, as the company saw its shares rise over 8X% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $31.40–$35.26 in the past one-month time frame, witnessed a sharp increase yesterday.

Match Group has seen The Zacks Consensus Estimate for the current quarter being revised downward over the past two months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Match Group currently has a Zacks Rank #4 (Sell) while its Earnings ESPis positive.

Match Group, Inc. Price and Consensus


Another stock in the Internet – Services industry is Facebook, Inc. FB which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is MTCH going up? Or down? Predict to see what others think:Up or Down

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Zacks Investment Research
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