Online dating stock

A little about the video
The company has had a rough few years after running afoul of state regulators and feeling the effects of the coronavirus pandemic. A lot of the bad news regarding slowing revenue has already been discounted into the current share price. This leads me to believe that the company could be potentially undervalued at these price levels. Despite the earnings beat, the company still posted negative growth for the quarter and the full year.
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Momo Is an Undervalued Play on China’s Online Dating Market

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Online Dating - Сток картинки - iStock

But Bumble's namesake app -- which requires women to make the first move -- is still growing rapidly and expanding with new features, including Bumble BFF for friendships and Bumble Bizz for professional connections. It also owns Badoo, an older dating app that is more popular in Europe and Latin America. Bumble's blockbuster debut also buoyed shares of Match, which slipped in early February after its mixed fourth-quarter report. I previously highlighted Bumble as a top IPO pick for , but is it still a better buy than Match after its recent gains? Blackstone subsequently bought out Andreev's stake and handed the reins over to Wolfe Herd. It ended the third quarter of with
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Stock Photography and Stock Footage

After the dating service Bumble made its market debut Thursday, CNBC's Jim Cramer compared its business performance to its main rival, Match Group , and offered his recommendations on their stocks. Match Group, which was spun off last summer from media holding company IAC , has a larger portfolio that includes Tinder, Hinge and OkCupid, among other connection services. I think they'll have tremendous numbers in the second half, they just fill different roles in your portfolio," he said on " Mad Money. Bumble is the faster grower of the two competitors, based on figures in its S-1 filing.
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COVID has closed a lot of traditional meeting grounds for singles, but the online equivalent has been open, and apparently thriving. Match Group Inc. MTCH, Shares in the parent company of Tinder, Match. Match has attempted to roll out video offerings on its online-dating properties to respond to new needs during the pandemic, and executives said in a letter to shareholders Tuesday that the effort was paying off.
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All сomments (16)

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