“Social Distancing” vs. Match Group
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 March 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
How does the business dating hold up in the new era of “social distancing”? Bill Mann analyzes the latest challenge for Match Group, as well as Pepsi’s $3.8 billion acquisition of Rockstar Energy. Plus, we discuss “ghost flights” in the UK and the immediate future of sporting events (and sports betting) in the U.S. (For a FREE copy of our Investing Starter Kit, go to www.fool.com/StarterKit and we’ll email it to you.)
Transcript
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| 0:00.0 | It's Wednesday, March 11th. |
| 0:03.7 | Welcome to Market Fullry. |
| 0:04.9 | I'm Chris Hill with me in studio. |
| 0:06.6 | Back by popular demand, it's Bill Mann. |
| 0:09.0 | Thanks for being here. |
| 0:10.1 | How are you, Chris? Day to day. |
| 0:14.0 | Day to day. Like all of us, we're day to day. |
| 0:17.0 | I'm physically able to perform. |
| 0:19.0 | So, before we came on, you and I were talking, |
| 0:22.0 | we did a YouTube live segment yesterday afternoon |
| 0:27.7 | that you me Andy cross live Q&A on the YouTube and the motley Fool's |
| 0:31.8 | YouTube channel is there for anyone to check. |
| 0:33.6 | Yeah and it's available for replay and in the middle of it I asked you a question which I really |
| 0:38.9 | you know I thought more about it I thought was a great question just to prop myself up there. So I went and asked |
| 0:44.3 | on Twitter under TMF Otter, which March 9th do people feel felt worse? Because March 9th 2009 was the literal bottom during the financial crisis |
| 0:56.5 | of the markets. |
| 0:57.2 | That was when the S&P 500 hit 666. |
| 1:00.1 | And the news on March 10th wasn't great. |
| 1:03.0 | No, it wasn't great and you know two days ago we didn't see the we you know |
| 1:11.1 | saw a worse drop than we're seeing today yeah only 3.5% as we record so you |
| 1:16.9 | know it's it's a they're getting off light today I mean not to make light of any |
| 1:20.5 | of this because it's it is painful and it's hard for people but at some |
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