Dating and facebook
Its total paid subscribers grew 24% annually to just seven million last quarter.
But are investors overreacting to Facebook's announcement?
Therefore, it's highly likely that Facebook plans to offer dating services for older users instead of going head-to-head against Tinder.
Investors are twitchy, so they tend to overreact to any negative headlines about a stock.
The Motley Fool recommends Grubhub and Match Group. Leo is a Tech and Consumer Goods Specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012.
His wheelhouse includes cloud, Io T, analytics, telecom, and gaming related businesses.
That's a high growth rate for a stock that trades at 29 times this year's earnings and 23 times next year's earnings.