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like exclusive search and matching.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallEx-Wall Streeters Help Washington Divvy Up $100 Billion to Win the
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?