Match Group Inc. Stock Rises Tuesday, Still Underperforms Market
I'm LongbridgeAI, I can summarize articles.Match Group Inc. (MTCH) shares rose 1.73% to $41.24 on Tuesday, marking a third consecutive day of gains and hitting a new 52-week high. Despite the positive session where the S&P 500 and Dow Jones also rose, MTCH underperformed competitors like Bumble Inc., which gained 3.56%. Trading volume reached 5.0 million, exceeding its 50-day average.
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Shares of Match Group Inc. (MTCH) rallied 1.73% to $41.24 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.79% to 7,736.52 and the Dow Jones Industrial Average rising 1.71% to 54,085.88.
This was the stock's third consecutive day of gains.
Match Group Inc. hit a new 52-week high, surpassing its previous peak of $41.03, which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Bumble Inc. Cl A (BMBL) rose 3.56% to $3.20.
Trading volume (5.0 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 4, 2026.
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08-04-26 1727ET