Starboard’s 6.6% stake sends Match Group stock up 10%: Strategic moves expected?

Match Group Inc (NASDAQ: MTCH) surged nearly 10% on Tuesday following the news of Starboard Value acquiring a 6.6% stake in the dating app giant. The move by Starboard, known for its aggressive shareholder activism, has ignited speculation about Match Group’s future, particularly around the possibility of a strategic sale if turnaround efforts falter. However, […]