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MTCH - The Meet Group: Fade This Rally As Video Streaming Hype Is Likely To Fail - 50%+ Downside
Match Group Inc.
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The Meet Group (MEET) has made many acquisitions over the years to expand its social media and online dating presence. But it has never been able to execute integration and synergies with its acquisitions, and its revenue growth has been stagnant. When investors realized this, the stock was trading at $2 per share in early 2018.
In early 2019, the stock rose to $6 per share as video revenue began to materially grow and investors