2023-08-15 11:44:19 ET
Match Group ( NASDAQ: MTCH ) rose 1.8% at least partly amid some activist speculation after a 13F filing.
Nomura, which is viewed as a counterparty for activist swap positions, added 6.65 million shares in Q1, according to its latest filing.
The purchase is noteworthy because prime brokerages sometimes act as counterparties for activist swap positions. A number of activists have used Nomura in the past to put on positions, Gordon Haskett's Don Bilson highlighted in a note on Tuesday.
Match Group ( MTCH ) shares fell to ~$30 in Q2, though they have since climbed 50% to ~$45 so it's possible that we may never hear about any activist involvement. But the shares are still well below the $70 they hit a year ago.
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Match Group ticks higher amid activist speculation after 13F filing