Diamonds and Dogs
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7/16/24
A perfect Match. Online dating stocks, Match Group (MTCH) is jumping 9% as a private equity group, Starboard Value bought a large stake in the firm calling the stock a "deeply undervalued play." Even with today's rally, the stock is down nearly 70% in the last four years.
The banks looks good expect for Charles Schwab (SCHW) down 9% as sales missed estimates and net Interest came in light of expectations. Management also said the firm will get smaller with less brokers to maintain profitability.
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