Jealous... Tinder-owner Match crumbled 5% as soon as Facebook unveiled its new look: Facebook Dating just hit the US (it's exactly what it sounds like). Match shareholders have known for months Zuck was getting into the swipe-game with a feature to connect singles based on interests. But the surprise was how much Facebook integrated Instagram into playing matchmaker — that cuts straight through Tinder's soul.
Bralettes > Pushups... 2 numbers explain it all: American Eagle's sales fell 1% — but sales for its lingerie brand Aerie surged 16%. The Millennial-toned bralette legend is snagging market share from Victoria's Secret. So while American Eagle stock dropped on overall weakness, it's rewarding Aerie with 40 more of its own stores.
That whole destroy email thing?... That'll cost more than expected. Slack unveiled its 1st earnings report since going public — and shares fell 14% after it only added 5K new clients. Looks like the office instant-messager's 1st 10M clients (startups, scaleups, VCs) were a lot easier than its next 10M (law firms, financial institutions, corporate America) will be.