Finally, here is a look at technical charts for all three dating stocks: The Bottom Line.
Match Group’s IPO seems like a great deal for IAC/Inter Active Corp, but not necessarily for investors who probably should be looking for a better deal elsewhere.
Diller is famous for speaking to “creative destruction” (he used the term Joseph Schumpeter popularized to describe what was happening with the Internet in the 1990s, and just last month used it on CNBC to describe the current state of video distribution).
The legacy Match businesses have had to work very hard to adapt to changes brought on through the consumer shift to mobile, and now face further creative destruction with the success of Tinder and other competitive dating applications that bring new twists to the online dating experience.
Small cap Match Group calls itself the world's leading provider of dating products with a portfolio of over 45 brands, including Match, Ok Cupid, Tinder, Meetic, Twoo, Our Time and Friend Scout24, each designed to increase a users' likelihood of finding a romantic connection.
These dating products are available in 38 languages across more than 190 countries with approximately 59 million monthly active users, or MAU, and approximately 4.7 million paid members as of the quarter ended September 30, 2015.
Before the IPO, BTIG Research’s Brandon Ross warned investors not to buy into the offering because he thinks the company’s Tinder dating business may continue to draw people away from the rest of the portfolio of dating properties, without adding that much value.