Bumble shares slide after weak forecast signals slow dating app turnaround
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Bumble's shares dropped 16% due to a weak first-quarter revenue forecast, indicating a slowdown in the growth of paying users.
February 19, 2025 | 12:00 pm
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Bumble's stock fell 16% following a disappointing first-quarter revenue forecast, reflecting challenges in increasing its paying user base.
The significant drop in Bumble's stock price is directly linked to its weak revenue forecast, which fell below market expectations. This indicates ongoing challenges in user growth, a critical factor for the company's financial health.
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