Bumble Stock News

Bumble's stock has fallen 89% since its IPO, presenting a buying opportunity due to its low forward P/S ratio and long-term growth potential in online dating. Online dating is becoming increasingly popular due to convenience, with user penetration and market size expected to grow significantly in the coming years. Bumble's unique approach, focusing on women's empowerment and offering more than ...

Wolfe Herd, executive chair of Bumble, will take the reins from Lidiane Jones, who steps down after a tenure of about a year that was marked by a nearly 50% decline in the company's shares.

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.

Bumble founder Whitney Wolfe Herd will return as the company's CEO in mid-March. Wolfe Herd previously stepped down from the role and was replaced by Lidiane Jones, who led Salesforce's Slack.

Dating app operator Bumble said on Friday its founder and executive chair, Whitney Wolfe Herd, will become the chief executive of the company from mid-March after Lidiane Jones resigned as CEO.

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that Founder and Executive Chair, Whitney Wolfe Herd, will become Chief Executive Officer, effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her role for personal reasons. Jones will continue as CEO until the transition takes effect. “I am deeply grateful for the transformative work L...

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced the appointment of Michael Affronti to Chief Product Officer (“CPO”). In this key executive leadership position, Michael will oversee innovation and user experience across the Company's product portfolio and will lead the Product, Safety, Research and Customer Care teams. His appointment is effective immediately. Michael...

Bumble's stock is a "Strong Buy" due to the company's robust free cash flow generation and significant share buybacks - buying back more than 10% of its shares in Q3. Q3 2024 results showed stabilizing revenue, with $220 million from the Bumble App and 52,000 new paying users, despite a 10% YoY ARPPU decline. Q4 2024 guidance is solid, projecting stabilizing revenue with steady adjusted EBITDA ...