Better Buy: iQiyi vs. Match Group
iQiyi (NASDAQ: IQ) and Match Group (NASDAQ: MTCH) were both once considered high-growth stocks. iQiyi, which was spun off from Baidu in 2018, owns one of the largest streaming video platforms in China. Match, which was spun off from IAC/InteractiveCorp in 2015, owns the world's top online dating apps.
But today, iQiyi's stock trades barely above its IPO price, while Match's stock has risen about 850% since its public debut. Investors have clearly favored Match over iQiyi so far this year: The former has rallied over 40% as the latter has declined nearly 10%. Let's see if that trend looks likely to continue.
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Source Fool.com
