Getting your player ready...
NEW YORK — The owner of Tinder, and OKCupid is having a great first date with Wall Street.
Shares of Match Group Inc. got a boost on their first day of trading, closing up $2.74, or 23 percent, to $14.74, after the IPO priced at the low end of its expected range. Parent company IAC/InterActiveCorp, controlled by billionaire Barry Diller, will maintain majority control of Match after the offering. IAC/InterActiveCorp also owns Web properties like Vimeo, Golden-based HomeAdvisor, and CollegeHumor.
Match had priced 33.3 million shares at $12 each, raising $400 million. The stock trades under the symbol MTCH on the Nasdaq market.
