Match forecasts fourth-quarter revenue below estimates, shares fall
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(Reuters) - Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading. The owner of OkCupid and PlentyOfFish expects current-quarter total revenue between $545 million (£423.47 million) and $555 million, below analysts' estimate of $559.3 million, according to IBES data from Refinitiv. Match has been facing increasing competition from..