Will Match Group's Spinoff From IAC Affect Q3 Earnings?
New competition, a lawsuit by the Federal Trade Commission, and a looming spinoff from parent IAC (NASDAQ: IAC) all show Match Group (NASDAQ: MTCH) has a full plate heading into its third-quarter earnings report.
Even though shares of the dating app site have pulled back from their all-time high in August, Match stock still trades some 70% higher than where it started 2019 and has more than doubled from its 52-week lows. With a lot of fast-moving parts to consider, let's see what Match investors can expect when it reports earnings on Tuesday, Nov. 5.
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Source Fool.com