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Ascending functioning can cost you and lower-than-questioned full-year cash guidance caused traders to flee the stock.
It’s been a pretty crude 2017 having Meet Group’s (MEET) shareholders, since stock’s season-to-date decline steps 29%. This much out of a shake-right up constantly simply leaves dealers curious if the business is capable of turning things to any time soon.
Therefore let us get an easy go through the newest results for Satisfy, that will missing some white into organization’s bearish run, and envision exactly how an option opponent, Meets Group (MTCH) , you will pose an ongoing state towards providers.
Growth but zero progress
If you’re new to See, the firm owns multiple social network people, along with MeetMe, Skout, Marked, and you can Hi5, enabling profiles while making the fresh social connections and you may get in touch with their friends.