BTIG Analysts Say Match Group IPO Is Unattractive, Could Be Cannibalized By Tinder
November 17, 2015 at 08:23 AM EST
BTIG analysts said Tuesday that they believe investors should not participate in the initial public offering of Match Group, which owns several dating sites, due to an unattractive valuation and the risk of Tinder's outperformance of the rest of the companies.