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 BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Ti
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?