Tinder Earnings Surge As Dating App's Users Around The World Double

This article originally appeared on the Motley Fool. Match Group (NASDAQ:MTCH) reported first-quarter results on May 2. The parent company of Tinder and Match.com Match Group's board of directors authorized a stock buyback program of up to 6 million shares of Match's stock. Our stock has tended to fluctuate fairly meaningfully, and the buyback authorization enables us to take action if the circumstances warrant. This is not a buyback authorization where we plan to go into the market aggressively.