Match Group at 52-Week High: Tinder Awakens and Hinge Could One Day Become Bigger

Match Group is becoming a leader stock and is trading at a 52-week high. Sensor Tower data indicates that for the first time since February 2022, there is again positive growth in the monthly active Tinder users, according to Evercore analysts. Evercore mentions the best fundamental trends since 2021/22 and raises its forecast for Tinder's payer growth from 1.5% to 3.8%. Tinder seems to be operationally turning around In the second quarter, the daily active Tinder users had decreased by 4%, and only 1% in August. Early September CFO Steven Bailey...