Bumble Stock Extends Slide From New Lows After Changing The Rule That Built Its Brand — Wall Street, Retail Are Both Swiping Left
Starting Tuesday, Bumble allowed all users, not just women, to send an opening message after matching. Once a pioneer in the online dating market, Bumble’s business has declined in recent years. Last week, Bumble forecast third-quarter revenue below Wall Street estimates. RBC Capital Markets and UBS cut their price targets on BMBL stock. Bumble, Inc.’s … Read more