Shares of Match Group, Inc. (NASDAQ:MTCH) rose sharply in today's pre-market trading.
Starboard Value has taken a keen interest in Match Group. The hedge fund has accumulated a stake of over 6.5% in the online dating company and is advocating for a potential sale if the company's performance does not improve, The Wall Street Journal reported on Monday, citing people familiar with the matter.
Match Group shares jumped 8% to $34.56 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 89.8% to $0.4556 in pre-market trading after declining over 8% on Monday.
- Meiwu Technology Company Limited (NASDAQ:WNW) shares rose 46% to $1.27 in pre-market trading after surging around 15% on Monday.
- AEON Biopharma, Inc. (NYSE:AEON) shares rose 17.1% to $2.67 in pre-market trading after jumping around 63% on Monday.
- 36Kr Holdings Inc. (NASDAQ:KRKR) rose 11.1% to $0.33 in pre-market trading. 36Kr Holdings said it has entered into a strategic partnership with Zhi-Tech Group to broaden its ...