Match Group Inc Ordinary Shares - New
MTCH: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.wD@xHk | LOCK|L#%M | LOCK|>@!mlxS |
Match Reports Strong Q3; Further Currency and Macro Headwind in Q4 and 2023; Shares Undervalued
Business Strategy and Outlook
On the back of online dating becoming mainstream, the number of internet and mobile device users increasing globally, and the growth of the singles population worldwide, Match Group with its portfolio of online dating brands has become the leader in this space. We believe the firm has carved out a narrow economic moat, thanks to network effects that continue to drive top- and bottom-line growth.
