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Match.com down over 20% - buying opportunity?

eliterank · 2018-05-02 17:38:58

With the announcement of Facebook launching their own dating service I feel the market has overreacted to the news. I don't think Facebook will impact Match's profits for at least another three to six months. Expect shares to rebound about 10-15% in the short term.

02-05-2018 5:38pm

#1

eliterank

Registered Users, Registered Users 2 Posts: 43 ✭

Join Date: January 2018

Posts: 37

With the announcement of Facebook launching their own dating service I feel the market has overreacted to the news. I don't think Facebook will impact Match's profits for at least another three to six months. Expect shares to rebound about 10-15% in the short term.

1