Dating is complicated... Take Match Group, which owns Tinder and about 45 other dating apps. The number of Tinder users surged by 437K last quarter to hit 5.6M — and the amount of Tinder-faithful opening the app 7 days a week jumped by 30%. That big growth couldn't stop Match shares from dropping 15% after it lowered its forecasts for the next quarter.
Still sore... Peloton reported earnings for the first time ever since its September IPO, and shares dropped 8% because investors want to see profits, not just growth. The number of Pelotonistas more than doubled to 563K atop their $2K at-home spin bikes (dropping $39 monthly for live-streamed spin classes). That growth is ripped. But investors aren't comfortable with Peloton's $50M loss.