SEEKING ALPHA - Jul 14 - Tinder plans to make the app more transgender friendly. The app will expand the user selection from male/female to include a comprehensive list that would be more in line with the transgender community's requirements. Tinder also announced recently that it will close its operations for the under 18 age group. Tinder expects the change to impact less than 3% of its user base. The company believes that the change in the policy is needed for it to be more responsible to the community. Its stock is currently trading at $15.76 with a market capitalization of $3.78B.
by Sramana Mitra
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Summarized by the Courtland Brooks team
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