INVESTORS.COM – Jan 14 – Match stock should be a big reopening beneficiary as coronavirus vaccinations gain traction globally and the company rolls out new products, analysts say. Match stock gained 83% in 2020. Amid the coronavirus pandemic, Tinder launched video chat services for stay-at-home users. After Q3 earnings, shares hit an all-time high of 159.53 on Dec. 17. "For 2021, we believe new products catalysts (Tinder Platinum, live video, Swipe Night) and higher willingness to date in-person will likely drive an acceleration in revenue growth," said Jefferies analyst Brent Thill.
by Reinhardt Krause
See full article at Investors.com
See the top news on Match Group
See the top news on Tinder