10 Stocks Targeted by Activist Investors Right Now

7. Elliott Management at the Match Group, Inc. (NASDAQ:MTCH)

Market Cap: $8.57 Billion

Elliott Investment Management’s Stake: $1 Billion

Elliott Management has spotted an opportunity to unlock value in Match Group, Inc. (NASDAQ:MTCH), which offers dating products worldwide. The activist investor, which has amassed a $1 billion stake in Match Group, Inc. (NASDAQ:MTCH), has been pushing for management changes and has already secured two board seats to make for strategic alternatives to unlocking value.

Elliott Management is interested in pushing for strategic initiatives to help turn Match Group, Inc. (NASDAQ:MTCH) ‘s fortunes around as it faces declining paying users amid economic uncertainty. The company’s growth has stagnated from the peaks of 2021 at the height of the pandemic. Its stock has already shed more than 70% in market value.