Tuesday, July 9, 2019
MTCH shares are overvalued
https://seekingalpha.com/article/4273912-single-greatest-factor-portfolios-returns
Back in May 2018, Facebook (FB) announced that they would be adding a dating feature. As a result, shares of Match Group (MTCH), the leader in online dating via popular apps like Tinder or Hinge, saw its shares fall more than 26%.
Since that day, shares of MTCH have appreciated 97% while the S&P 500 rose by 12%.
My bet: MTCH shares are terrible overvalued!
MTCH Needs To Grab The Asian Online Dating Opportunity To Justify The Current Valuation (via SA)
http://onlinedatingsoundbarrier.blogspot.com/2019/07/mtch-needs-to-grab-asian-online-dating.html
My bet: Asia will be impossible for MTCH.
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