New York — Match Group shares rallied the most in two years after the company gave an optimistic earnings report and outlook, fuelled by dating app Tinder’s surging subscriber growth.

The shares gained as much as 24%, the most intraday since May 2016 and a record high. They were trading at near $90.07 before midday  in New York on Wednesday...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.