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Investors 'swipe Right' In Tinder-Owner Match's Market Debut


Ron Burgundy
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Diller rides a bike during the first day of the annual Allen and Co. media conference in Sun ValleyThe company's initial public offering raised $400 million after the shares were priced at $12 each, at the lower end of the expected range of $12-$14. Match Group, which touts itself as the world's No. 1 dating company, plans to use the proceeds to repay debt owed to its parent, Diller's IAC/InterActiveCorp . IAC, whose shares were up 0.4 percent in early trading, retains a stake of about 86 percent in Match.




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