DJ Match Group Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Match Group Inc. $(MTCH)$ rose 3.02% to $36.47 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
Match Group Inc. closed 6.10% short of its 52-week high of $38.84, which the company reached on July 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Bumble Inc. Cl A (BMBL) rose 7.60% to $8.64.
Trading volume (8.8 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 17:22 ET (22:22 GMT)
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