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Why Match Group Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Benzinga ·  Jul 16 17:51

Shares ofMatch Group, Inc.(NASDAQ:MTCH) rose sharply in today's pre-market trading.

Starboard Value has taken a keen interest in Match Group. The hedge fund has accumulated a stake of over 6.5% in the online dating company and is advocating for a potential sale if the company's performance does not improve, The Wall Street Journal reported on Monday, citing people familiar with the matter.

Match Group shares jumped 8% to $34.56 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 89.8% to $0.4556 in pre-market trading after declining...
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