Parent of hookup app soon to be publicly traded.
“Match has priced its IPO at $12 per share, raising $400 million . The company will begin trading on the Nasdaq tomorrow, under the ticker symbol ‘MTCH.’
The $12 per share is at the bottom of the anticipated $12 to $14 proposed price range. Square, which is also going public tomorrow, just priced its IPO at $9, below the $11 to $13 price range.
Match owns a group of dating companies, including OkCupid and the infamous Tinder. That particular subsidiary came under fire today after its leader gave a bizarre interview that may have broken SEC-mandated “quiet period” rules.” [READ MORE]