Match Group (MTCH) has been upgraded to overweight from equal weight at Barclays. Alex Coffey and Jenny Horne discuss MTCH as Barclay's says that MTCH sees a limited down side and a "number of upside catalysts." They talk about how MTCH hit a 52-week low of $34.62 yesterday. They mention how MTCH released disappointing earnings, but the street still likes the name. Alex then demonstrates an example trade using MTCH. The trade type is a buy a call vertical and the direction is bullish. Tune in to find out more about the stock market today.
14 Mar 2023