Bumble Inc (NASDAQ: BMBL) shares are trading lower in Tuesday's after-hours session after Match Group Inc (NASDAQ: MTCH) reported mixed financial results and issued weak guidance.
We expect muted top-line growth in the second half of 2022. Our Q3 Total Revenue outlook of $790 to $800 million is essentially flat year-over-year. We expect FX to have an 8-point impact on year-over-year revenue growth
Gainers
Applied Blockchain, Inc. (NASDAQ: APLD) shares climbed 100% to close at $2.12 on Tuesday after the company reported a 200-megawatt five-year hosting contract with Marathon Digital Holdings and raised its Q4 revenue forecast.
Match Group, Inc. (NASDAQ: MTCH) shares are trading higher by 8.29% to $70.53 during Tuesday's trading session amid overall market strength.
What Happened?