10 Firms Defy Wednesday’s Broader Market Optimism

8. Match Group Inc. (NASDAQ:MTCH)

Dating apps operator Match Group saw its share prices on Wednesday tumble by 7.92 percent to finish at $33.58 apiece as investor sentiment was weighed down by the company’s pessimistic outlook for 2025.

In a statement, Match Group said it sees between 3 to 5 percent lower revenues for the first quarter of the year at between $820 million to $830 million, as well as a decrease of 3 percent for revenues for the full year to settle at $3.37 billion to $3.5 billion versus 2024.

Last year, full-year revenues increased by 3 percent to $3.48 billion from $3.37 billion in 2023, while revenues for the fourth quarter alone dipped by 0.7 percent to $860 million from $866 million year-on-year.

Match Group is one of the largest online dating app operators which owns brands such as Tinder, Hinge, Match, Meetic, OkCupid, Pairs, PlentyOfFish, Azar, and BLK, among others.