Why I Swiped Right on Match Group’s Stock
Like some other pandemic trends, online dating apps are enjoying increased traffic as many people shelter at home. At first, this seems counter-intuitive. Why are people talking to each other on dating apps without the possibility of a follow up in-person date? Is that not the point?
With very few coffee shops, restaurants, bars, and clubs open, for many regions, there are almost no alternatives to meeting people online. The pandemic seems to have enhanced the appeal of online dating by simply removing most alternatives. Many of us still want to socialize. Thanks to coronavirus, dating apps now more than ever are a convenient way to fill the void.
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Source Fool.com
