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Match Group, Inc. (MTCH)

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    Match Group (MTCH) Down 6.4% Since Last Earnings Report: Can It Rebound?

    Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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  • Reuters

    Bumble falls as CEO signals need for app revamp after poor earnings

    The company is also set to eliminate 350 jobs, or about 30% of its workforce, it said on Tuesday, as new CEO Lidiane Jones moves to steer Bumble through sluggish user spending in an industry she said "hasn't seen true innovation in several years". In an attempt to remedy that, Bumble announced plans to relaunch its eponymous app and refresh the Premium Plus subscription offering, weeks after Tinder owner Match Group also revealed it was updating its apps to appeal to GenZ users and women, after projecting January-March revenue below estimates. Match and Bumble have said they are looking to use generative AI, but neither have detailed how the technology can drive new features.