Match Group spikes 20% after its Tinder app adds 500,000 new users in the second quarter (MTCH)

Match Group skyrocketed as much as 20% in aftermarket trading Thursday after beating analyst estimates for second-quarter earnings and boosting its yearly revenue forecast.
Tinder drove much of the company's revenue growth by gaining more than 500,000 users over the three-month period, a 37% year-over-year improvement.
Match also announced an investment in Egypt-based dating app Harmonica, the next step in its plan for global expansion.
Watch Match Group trade live here.
Match Group soared as mu