Should You Swipe Right on Match Group Stock in 2022?
After losing more than 12% during 2021, Match Group (NASDAQ: MTCH) entered the new year hoping to rebound. However, 2022 hasn't gotten off on the right foot either, as shares have lost an additional 15% year to date. In a slight change of fortune, the company's stock popped 5% after reporting fourth-quarter earnings on Feb. 1.
The maker of apps like Tinder and Match has big plans in store for 2022, but management is wary of app store headwinds and the effects of the omicron variant . Are these concerns valid, or is Match Group set to have a fantastic 2022?
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Source Fool.com