Why Match Group Stock Fell This Week

·2 min read
Why Match Group Stock Fell This Week

Match Group (NASDAQ: MTCH) investors lost ground to a falling market this week as shares declined 12% through Thursday trading compared to a 3% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. The drop wasn't powered by specific operating news; rather, investors continued to sour on companies like Match, which are reporting slowing growth and operating losses. Match joined many peers, including Bumble, in falling during this rough trading week.