It's Peak Dating Season: Here Are The Stocks To Flirt With

No date for Christmas this year?

You still have a chance to turn things around in the new year.

According to Match Group Inc MTCH, the peak dating season starts the day after Christmas.

During the peak season, Match Group sees 50 million messages sent, with 1 million dates taking place from now until Valentine's Day.

The busiest dating day of the year is Jan. 7, and the company says that 8:55 p.m. Eastern time is the best time to sign up for online dating on that day, when Match expects to see a 42-percent increase in singles looking for a spark.

Whether or not you’ve had luck in the dating world this year, online dating site stocks have performed quite well in 2017, with Match up 85 percent year-to-date. Tinder-owned IAC/InterActiveCorp IAC has done even better, with 92-percent year-to-date gains. Privately held millennial dating app Bumble is approaching unicorn territory with a valuation north of $1 billion.

If dating is still not your thing, but you want to capitalize on the explosion of online dating and cryptocurrency, there's Datecoin, dubbed the "hottest ICO ever." 

Related Links: 

Holiday Box Office Preview: 'This Could Be One Of The Strongest Christmas Weekends Ever'

Oppenheimer Swipes Left: Match Group Downgraded On Rich Valuation

Market News and Data brought to you by Benzinga APIs
Posted In: NewsTrading IdeasBumbleMatch GroupTinder
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...