Match Investors Swipe Right on Stock as Tinder Boosts Growth
- Shares surge most in five months, on `exceptional' Tinder
- Tinder paid membership surpasses 1 million in first quarter
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Investors swiped right on Match Group Inc.’s results Wednesday.
The provider of online dating services part owned by Barry Diller’s IAC/InterActiveCorp. surged the most since its November initial public offering after reporting first-quarter revenue that topped the highest analysts’ estimates.