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 BloombergElon Musk Wins US Space Force Contract for StarshieldChina Puts Evergrande’s Billionaire Founder Under Police ControlPakistan Rupee Set to Become Top Performing Currency Globally Peloton Soars After Deal With Lululemon to Share Fitness ContentEvergrande’s Billionaire Chairman Hui Is Under Police Surv
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?