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Why Is Match Group (MTCH) Stock Soaring Today

By Yahoo! Finance   |   Jul 16, 2024 at 01:08 PM EST
Why Is Match Group (MTCH) Stock Soaring Today

Activist investor Starboard Value's 6.6% stake in Match Group has pushed shares up 9.9% pre-market. They propose a sale if turnaround fails, recommending accelerated share buybacks to unlock hidden value.

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