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match group ipo

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The Match.com IPO Is Next Week – Here's How to Play It

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW -

IPOs

Online dating is a $2 billion industry set to change the way we live our lives, in addition to disrupting an array of sectors, markets, and disciplines.

That's why I predicted that Barry Diller's IAC/InterActiveCorp (Nasdaq: IACI) would spin out the Match Group of web-based dating services into an IPO.

Sure enough, next week is the Match.com IPO - shares will trade on the Nasdaq under the symbol MTCH, and the company has an upper valuation of $433 million.

Is MTCH marriage material? Maybe, but I've got a better way to play the company's IPO right now...