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Why Match Group Stock Jumped on Thursday

Why Match Group Stock Jumped on Thursday

Shares of Match Group (NASDAQ: MTCH) turned sharply higher Thursday, surging as much as 14.4%. In a post on the Android Developers Blog, Google announced that, effective Jan. 1, 2022, the company will decrease the service fee it charges for all third-party subscription apps on the Google Play Store to 15%. Additionally, Google charged 15% on the first $1 million of revenue.