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Fly News Breaks for February 8, 2019
MTCH
Feb 8, 2019 | 08:51 EDT
Nomura Instinet analyst Mark Kelley downgraded Match Group to Neutral from Buy and lowered his price target for the shares to $48 from $55. The analyst expects the shares to "take a breather" following the recent rally, which he attributes in part to short covering. However, he expects Tinder's growth to continue and would like to get constructive on the stock again with a material pullback.
News For MTCH From the Last 2 Days
MTCH
Apr 23, 2024 | 13:26 EDT
Bullish option flow detected in Match Group with 5,462 calls trading, 1.2x expected, and implied vol increasing over 2 points to 47.46%. May-24 36 calls and 5/3 weekly 30 puts are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.65. Earnings are expected on May 7th.
