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Stockreport

Match just made a $100 million bet that Sniffies can challenge Grindr [Los Angeles Times (CA)]

Apple Inc. (AAPL)  More Company Research Source: Los Angeles Times
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Seattle-based Sniffies, which has about 3 million monthly active users worldwide, provides gay men a real-time map that often features intimate user-submitted images, an experience designed to help users find potential hookups. Sniffies is currently a web-only platform, having been removed from Apple Inc.'s App Store last year due to what Sniffies described as content restrictions. The new investment represents a significant minority ownership stake and includes the option to acquire the remaining equity in the future, Match said in a statement on Monday. The company declined to comment on whether it plans to try again to get the platform onto the App Store or a competing marketplace. The news caused shares of Grindr Inc., the leading dating-app company for gay men, to fall 2.5% in extended trading. Match's stock was little changed. Match has expanded its portfolio of more than 20 apps through several acquisitions, sometimes starting off with an investment, as it's doing with Sni [Read more]

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Stockreport

Match just made a $100 million bet that Sniffies can challenge Grindr [Los Angeles Times (CA)]

Apple Inc.  (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Seattle-based Sniffies, which has about 3 million monthly active users worldwide, provides gay men a real-time map that often features intimate user-submitted images, an experience designed to help users find potential hookups. Sniffies is currently a web-only platform, having been removed from Apple Inc.'s App Store last year due to what Sniffies described as content restrictions. The new investment represents a significant minority ownership stake and includes the option to acquire the remaining equity in the future, Match said in a statement on Monday. The company declined to comment on whether it plans to try again to get the platform onto the App Store or a competing marketplace. The news caused shares of Grindr Inc., the leading dating-app company for gay men, to fall 2.5% in extended trading. Match's stock was little changed. Match has expanded its portfolio of more than 20 apps through several acquisitions, sometimes starting off with an investment, as it's doing with Sni [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS