Match Group falls after downbeat Q4 revenue forecast
** Tinder-parent Match Group's MTCH.O shares fall 12.6% to $33.11 premarket
** Smaller rival Bumble BMBL.O down 5.9% to $7.35
** MTCH projected Q4 revenue below Wall Street estimates on Wednesday, signaling turnaround of its dating apps including Tinder would take longer
** Company forecast Q4 revenue between $865 mln and $875 mln, vs est $905.4 mln - LSEG
** Company also missed Q3 revenue est
** Total paying users declined 3% to 15.2 mln, marking an eighth straight quarter of decline
** BMBL posted its first decline in quarterly sales since going public in 2021 and said it would take longer for its app revamp to payoff
** Avg rating of brokerages covering MTCH is "buy", median PT $45; BMBL is a "hold", with median PT $8
** As of last close, MTCH up 3.8% YTD, while BMBL down 47%
Reporting by Sukriti Gupta in Bengaluru
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