Bumble Stock Plummets Amid User Decline and Poor Financial Forecast

Reported 2 days ago

Bumble's stock experienced a significant drop of up to 30% following disappointing financial results, where the dating app narrowly exceeded fourth-quarter revenue but fell short in its first-quarter 2025 revenue and EBITDA projections. The decline in paying customers and the decision to discontinue other acquired dating apps have raised concerns about the company's future.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis