See rankings and related performance below. For now, the little guys are winning. Zacks Rank Education -- Learn more about the Zacks Rank Media NuCom Group: Caution Regarding Forward Looking Statements: This document contains forward-looking statements, including statements regarding the proposed acquisition of The Meet Group (the “Company”) by eharmony Holding, Inc. (the “Parent”). Shares prices have increaseda staggering 226% in five days as investors predict that these companies will increase in valuation due potential NFT investments which relates with their business model. Shares of bitcoin-mining company Marathon Patent Group (NASDAQ:MARA) came crashing down on Wednesday after the company announced a $250 million stock offering. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Mary Armstrong & Emily Japlon Zacks Ranks stocks can, and often do, change throughout the month. The Meet Group takes a hit on peep show concerns with its flagship video-streaming service. Additional Information and Where to Find It. The Meet Group. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, please see the Company’s statements and reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC and other written statements made by the Company from time to time. Investors and security holders will be able to obtain the Proxy Statement free of charge from the SEC’s website or from the Company. For more information on General Atlantic, please visit the website: (Add your “underperform” vote.) Nothing happened to justify the rise, but remember it doesn’t take much to get a penny stock to increase a few cents. . The company has millions of mobile daily active users. To learn more, click here. Our top apps, MeetMe®, LOVOO®, Skout®, Tagged® and Growlr®, deliver live interactions and meaningful connections to millions of users daily. Still, the cheerleading from commenters on Wallstreetbets does seem to be playing an outsized role in … Join the best site for finding new friends to chat with! Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. I am looking forward to working with our new colleagues to solidify our international footprint.”. This includes personalizing content and advertising. That's what appears to have happened this past week. Currently, the Parship Group employs over 300 colleagues in Hamburg / Germany (headquarters), Los Angeles, London and Amsterdam. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forward-looking statements may include references to goals, plans, strategies, objectives, projected costs or savings, anticipated future performance, results, events or transactions of the Company and the expected timing of the proposed transaction with Parent and other statements that are not strictly historical in nature. Investors should read the Proxy Statement carefully when it becomes available before making any voting or investment decisions. These forward-looking statements are based on management’s current expectations, forecasts and assumptions and could ultimately prove inaccurate. California-based eharmony was founded in 2000 and operates in the United States, Canada, the United Kingdom and Australia., The Parship Group is the leading provider of online matchmaking services. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. MarketBeat's community ratings are surveys of what our community members think about The Meet Group and other stocks. ProSiebenSat.1 combines leading entertainment brands with a successful production business and a strongly growing commerce portfolio and is thus one of the most diversified media companies in Europe. 14,702 The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Real time prices by BATS. Phone: +49 [89] 95 07-8741 Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Make new friends. Naked Brand Group Limited (NASDAQ: NAKD) stock recently traded at $0.70 and is down 8.3%, at the time of this writing. From time to time, oral or written forward-looking statements may also be included in other information released to the public., The Meet Group Announces Definitive Agreement to be Acquired by ProSiebenSat.1 and General Atlantic,, BofA Securities is acting as financial advisor to The Meet Group, and Morgan, Lewis & Bockius LLP is acting as legal counsel. $5.88 267 714 6418 The forward-looking information herein is given as of this date only and is qualified in its entirety by this cautionary statement, and the Company undertakes no obligation to revise or update it. The transaction will diversify the revenue streams of both companies and increase their combined international footprint by broadening the companies’ user base. Brandyn Bissinger We believe the combination of these two successful and complementary businesses will also create synergies within the ProSiebenSat.1 universe and accelerate the growth of our market share in the German live video apps sector.”, Tim Schiffers, CEO Parship Group: “Following a successful acquisition of eharmony, we have proven that we can manage new businesses and accelerate their growth by combining the best of both worlds. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Stefanie Rupp-Menedetter At the same time, we reach around 36 million unique users every month with online offerings marketed by ProSiebenSat.1. No cost, no obligation to buy anything ever. Assume an investor buys one call option contract on stock ABC with a strike price of $50 in May and a July expiration. MeetMe helps you find new people nearby who share your interests and want to chat now! Its mobile apps are available on iOS, and Android in multiple languages. The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured — not unlike a good horror movie. It is not possible to anticipate or foresee all risks and uncertainties, and investors should not consider any list of risks and uncertainties to be exhaustive or complete. A definitive Proxy Statement will be sent to the Company’s stockholders. The Meet Group has received 473 “underperform” votes. The documents filed by the Company with the SEC may be obtained free of charge on the Company’s website at the Investor Relations section of or at the SEC’s website at Join a group to meet people, make friends, find support, grow a business, and explore your interests. In connection with the merger and with the solicitation of proxies for the special meeting of stockholders (the “Special Meeting”), the Company intends to file with the Securities and Exchange Commission (“SEC”) a proxy statement of the Company (the “Proxy Statement”), and other relevant materials with the SEC. Thereby we combine the strengths of our shareholders in a “best of both worlds” approach, featuring the reach, know-how and resources from the ProSiebenSat.1 Group and the expertise and firepower of General Atlantic, a leading global growth equity investor. These returns cover a period from January 1, 1988 through March 1, 2021. After careful and thorough review, and following consultation with The Meet Group’s financial and legal advisors, the transaction was unanimously approved by The Meet Group’s board of directors. What happened. 1 Other stocks of small, struggling companies made similar though less dramatic moves. NuCom Group is the growth partner for consumer internet companies. The Meet Group’s freemium dating brands, featuring its industry-leading video platform technology, will be combined with NuCom’s portfolio company Parship Group, which operates premium subscription dating brands including eharmony, Parship and Elite Partner. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. NFTs allows you to buy and sell a unit of data … Share Price Of Chinese Fintech … This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The Meet Group plans to release its fourth quarter fiscal year 2019 results before market open on March 11, 2020. Get the latest %COMPANY_NAME% MEET detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. These documents may also be obtained free of charge from the Company by requesting them from Investor Relations by mail at 100 Union Square Drive, New Hope, PA 18938, or by telephone at 215.862.1162. The transaction, which is expected to close in the 2nd half of 2020, is subject to approval by The Meet Group’s stockholders, along with the satisfaction of customary closing conditions and regulatory approvals, including the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, antitrust approvals in Germany and Austria as well as approval from the Committee on Foreign Investment in the United States. The well-known international brands Parship, ElitePartner and eharmony belong to the group. Visit to get our data and content for your mobile app or website. Doug Pitt. The monthly returns are then compounded to arrive at the annual return. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. AIG, a global company with about $1 trillion in assets prior to the crisis, lost $99.2 billion in 2008. Beyond Meat’s Stock Is Absurdly Expensive It trades at a price-to-sales (P/S) ratio of 87. The company has offices in New Hope, Pennsylvania, Philadelphia, San Francis Media: “This transaction will allow us to tap new strategic growth opportunities by leveraging our video platform and ProSiebenSat.1’s experience with content and entertainment. Together with NuCom Group’s portfolio company Parship Group, a matchmaking platform with its brands Parship, Elite Partner and eharmony, The Meet Group will become an integral part of a global leader in the online dating and social entertainment sector. GameStop, Reddit, and Market Mania: What Happened? The Meet Group is a leading provider of interactive dating solutions designed to meet the universal need for human connection. Media ProSiebensat.1 NYSE and AMEX data is at least 20 minutes delayed. The scores are based on the trading styles of Value, Growth, and Momentum. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. “The Meet Group Board of Directors undertook a robust process, which culminated in a transaction that we believe will deliver certain and immediate value to our shareholders,” said Spencer Rhodes, Chairman of The Meet Group Board of Directors. Black Diamond Group's stock was trading at C$1.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). View %COMPANY_NAME% MEET investment & stock information. If you do not, click Cancel. Stock price of Jiayin Group (NASDAQ:JFIN) soared by approximately 77% today due to NFT speculation. * indicates the important links in the menu, After-Market: What Really Happened to Lucent Technologies? We can address over 45 million TV households in Germany, Austria and Switzerland with our 15 free and pay TV channels. View real-time stock prices and stock quotes for a full financial overview. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. It’s fun, friendly, and free! The Meet Group is committed to safety. Shows like “Bosch”, “Married at First Sight”, or “Queen of Drags” are created within our production and distribution business Red Arrow Studios. Our ecosystem of livestreaming apps enables users around the world to interact through one-to-many livestreaming broadcasts and text-based conversations. Put Options . This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. The Meet Group The Meet Group (NASDAQ: MEET) is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. The Zacks Rank has been called the Billion Dollar Secret. Over the last year, NAKD stock climbed as high as $2.62 a share. ProSiebenSat.1 are more than 7,000 passionate creators that love to entertain and delight our viewers and consumers each day. We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products.. With your permission we and our partners may use precise geolocation data … General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Investors are paying $87 for every $1 that Beyond Meat generates in sales. . It’s for all ages, all nationalities, all backgrounds — EVERYONE! MEET | Complete Methaq Real Estate Investment PLC stock news by MarketWatch. Leslie Arena So what are you waiting for? It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Load more articles Why Meet Group Stock Popped 20% Today -- Then Dropped The Meet Group has received 53.03% “underperform” votes from our community. We focus on B2C asset light business models with a clear USP and differentiation. Currently our portfolio is divided in four verticals: consumer advice, matchmaking, experience and gift vouchers and beauty and lifestyle. Bridget Casey says hedge funds have long been short-selling GameStop's stock, betting on them losing value. Phone: +49 [89] 95 07-2598 Call vs. We continue to consolidate our position in the online dating market and extend our business model by adding social entertainment. 267 446 7010 In 2006, Lucent Technologies, once an elite American technology company whose stock price had risen to $84, creating a market value of $258 billion, barely avoided bankruptcy by selling out to Alcatel, a second-tier … Our NuCom Group is a rapidly growing e-commerce player with leading portfolio companies that offer online price comparison, matchmaking, experiences as well as beauty & lifestyle. Explore the outdoors. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. We want to offer great entertainment – whenever, wherever and on any device. The Meet Group, Inc. owns several mobile social networking services including MeetMe, hi5, LOVOO, Growlr, Skout, and Tagged. |  Privacy Policy. Both Parship and eharmony are pioneers in using algorithms to create highly compatible relationships. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. NEW HOPE, Pa.--(BUSINESS WIRE)--The Meet Group, Inc. (NASDAQ: MEET), a leading portfolio of mobile dating apps, today announced that it has entered into a definitive agreement to be acquired by ProSiebenSat.1`s and General Atlantic’s joint company NuCom Group in an all cash transaction for $6.30 per fully diluted share representing an enterprise value of approximately $500 million. Using your browser, share your video, desktop, and presentations with teammates and customers. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. “We are excited about this transaction and the significant benefits resulting from a combination with Parship Group,” said Geoff Cook, Chief Executive Officer of The Meet Group. Plus, MEET info will be updated daily in your Portfolio Tracker . Forward-looking statements often contain words such as “may,” “can,” “could,” “would,” “should,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “believes,” “seeks,” “will,” “is likely to,” “scheduled,” “positioned to,” “continue,” “forecast,” “aim,” “goal,” “target,” “predicting,” “projection,” “potential” or similar expressions, although not all forward-looking statements contain these words. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. General Atlantic This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Join 100+ MILLION PEOPLE chatting and making new friends. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Zacks Style Scores Education - Learn more about the Zacks Style Scores, NA Value | NA Growth | NA Momentum | NA VGM. Established in 1980, General Atlantic combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build exceptional businesses worldwide. The Company and its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Since 2004, ElitePartner is the premium partner agency for sophisticated singles, operating in the DACH-region. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Parship invented scientific matchmaking in Europe in 2001 and today offers its service in the German-speaking world and the Benelux countries. The recent activity that correlates with this news is the fact that investors are becoming aware of the company’s poor-performing fundamentals and are pulling out of the stock. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. In light of the pending transaction announced today, the company will not hold a corresponding conference call. Information about the Company’s directors and executive officers is available in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and in its proxy statement dated April 29, 2019, for its 2019 Annual Meeting of Stockholders. The collapse and near-failure of insurance giant American International Group (AIG) was a major moment in the recent financial crisis. Thousands of events are happening every day, both online and in person! We use cookies to understand how you use our site and to improve your experience. The purchase price represents a 30% and 43% premium to the unaffected 30 and 60 trading day volume weighted average price, respectively, to The Meet Group’s common stock … You can find a description of current safety practices here: Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and other relevant materials to be filed with the SEC regarding the transaction when they become available. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The Meet Group expects to hold a special meeting of its stockholders to consider and vote on the transaction as soon as feasible after the mailing of the proxy statement to shareholders. Stockholders, potential investors and other readers are urged to consider these risks and uncertainties in evaluating forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. Successful formats like “The Masked Singer”, “Germany’s Next Topmodel”, and “Beat the Channel” as well as top-notch stars like Heidi Klum, or Dwayne Johnson belong to our family. We create global category leaders and accelerate the growth of our portfolio companies by adding marketing power, operational expertise and clear buy-and-build strategies. Headquartered in New Hope, PA, we have offices in Philadelphia, San Francisco, Dresden, and Berlin. ZacksTrade and are separate companies. How good is it? 5:22 PM ET. What happened. General Atlantic has more than 150 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore. Visit Performance Disclosure for information about the performance numbers displayed above. Community Sentiment. Investors: What’s more, with this transaction and the participation of both General Atlantic and ProSiebenSat.1, we will achieve a new level of financial scale and backing, which has the potential to further accelerate our growth.”. But the common practice got some fresh scrutiny from a savvy group … Find the latest At Home Group Inc. (HOME) stock quote, history, news and other vital information to help you with your stock trading and investing. Since 1988 it has more than doubled the S&P 500 with an average gain of +25.41% per year. On Aug. 20, it entered into an equity distribution agreement with Maxim Group LLC to buy up to $18.5 million of its stock at market prices. This means the forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, including, but not limited to: uncertainties as to the timing of the merger; uncertainties as to how many of the Company’s stockholders will vote in favor of the merger; the possibility that competing offers will be made; the ability to receive the required consents and regulatory approvals for the proposed transaction and to satisfy the other conditions to the closing of the transaction on a timely basis or at all, including the required regulatory clearances under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), the Bundeswettbewerbsbehörde (Austria’s Federal Competition Authority) and Bundeskartellamt (Germany’s Federal Cartel Office) and from the Committee on Foreign Investment in the United States (CFIUS); the failure of Parent to obtain or provide on a timely basis or at all the necessary financing as set forth in the Equity Commitment Letters delivered pursuant to the Merger Agreement; the occurrence of events that may give rise to a right of one or both of the Company and Parent to terminate the merger agreement; the risk that, prior to the completion of the transaction, the Company’s business and its relationships with employees, collaborators, vendors and other business partners could experience significant disruption due to transaction-related uncertainty; the risk that stockholder litigation in connection with the Merger may result in significant costs of defense, indemnification and liability; negative effects of the announcement of the transaction on the market price of Company common stock and/or on the Company’s business, financial condition, results of operations and financial performance; risks associated with transaction-related litigation; and the ability of the Company to retain and hire key personnel; and the risks and uncertainties pertaining to the Company’s business, including those detailed under “Risk Factors” and elsewhere in the Company’s public periodic filings with the SEC. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. All three services use scientific methods to successfully support singles in finding meaningful relationships that enrich their lives. Our global digital studio Studio71 achieves over 9.9 billion monthly video views and operates more than 1,400 web channels. It will significantly advance our ambition to create one of the leading global players in online dating and interactive live video. The purchase price represents a 30% and 43% premium to the unaffected 30 and 60 trading day volume weighted average price, respectively, to The Meet Group’s common stock through December 13, 2019, the last trading day prior to published market speculation regarding a potential transaction involving the company. Max Conze, CEO, ProSiebenSat.1 Media SE: “The acquisition of The Meet Group is one of ProSiebenSat.1’s largest transactions. A group of amateur stock investors has banded together on Reddit to take on a Wall Street giant in a fight for the value of the stock for GameStop. Delayed quotes by Sungard. Real-time meetings by Google. Since then, BDI shares have increased by 152.1% and is now trading at C$3.58. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. A high-level overview of The Meet Group, Inc. (MEET) stock. Click here to watch the full series. The Meet Group, Inc. (NASDAQ: MEET) stock climbed 53.4% in May, according to data provided by S&P Global Market Intelligence. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Dorothea Gugel The Meet Group derives revenue from in-app purchases, subscriptions, and advertising. The Meet Group Takes Part in Safer Internet Day 2021; 02/08/2021The Meet Group Announces Partnership with RAINN, Furthering its Commitment to Dating Safety; 02/01/2021The Meet Group Ranked One of the Fastest-Growing Companies in North America on … A company that seeks to sell its stock on the Nasdaq or other major public exchanges must meet and maintain numerous listing requirements.Failure to … You may obtain free copies of these documents from the Company as indicated above. (%) If you wish to go to ZacksTrade, click OK. Over the course of 11 trading days in late January 2021, the stock of GameStop, a struggling brick-and-mortar video game retailer, skyrocketed by more than 2,200% — creating a mix of excitement and concern throughout the financial world. also free. NASDAQ data is at least 15 minutes delayed. There can be no assurance that the proposed transaction or any other transaction described above will in fact be consummated in the manner described or at all. Through these apps, users can stream live video, send gifts, chat, and share photos.