Match Group's (MTCH) Tinder is providing a $500 monthly subscription option to its most engaged users.
(Bloomberg) -- Tinder has rolled out an ultra-premium subscription tier to its dating app users, charging $499 per month to access features like exclusive search and matching.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023Costco Offers Members $2
Match Group (NASDAQ: MTCH) is one of the few companies that hasn't joined the party. Investors have soured on the once-hot stock due to a narrative of saturation at its flagship Tinder app, slowing revenue growth, and declining profit margins. Combined with a new robust share repurchase program, is Match Group stock a can't miss buying opportunity at these depressed prices?