Match Group: Starboard Enters at 6.6% and Sees Potential to Raise the EBITDA Margin by 400 Basis Points to 40%. Is This the Turning Point for the Share Price?

Starboard Value LP acquires a 6.6% stake in Match Group. The activist investor wants to ensure more growth, a higher margin and higher dividends! The EBITDA margin could be raised from 36.1% to 40% by cutting costs and consolidating the technology platform. Match Group is undervalued! There was nothing to be gained on the long side in the shares of dating app providers in recent weeks. They refused to follow the upward trend in US technology stocks. Apparently, competitive pressure in the sector is intensifying. Match Group (MTCH), one...