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Earnings Results: Match hits pause on ‘metaverse’ dating and Tinder crypto, stock plunges 20% after surprise loss
Earnings Results: Match hits pause on ‘metaverse’ dating and Tinder crypto, stock plunges 20% after surprise loss
2022-8-3 02:00 am
NEWS
Match Group Inc. shares were pummeled Tuesday after the online-dating company's new chief executive detailed a slowdown for its most popular product, Tinder, and decided to pause newer initiatives such as Tinder-based crypto and "metaverse" dating.
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