Bumble turnaround ‘still in early innings,' as analysts cut estimates
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Bumble's turnaround is still in its early stages, according to J.P. Morgan, which has led analysts to cut their estimates. The product-driven nature of the turnaround suggests it will take time to see significant results.
February 19, 2025 | 3:00 pm
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Bumble's turnaround is in its early stages, leading J.P. Morgan to cut estimates. The product-driven nature of the turnaround suggests a longer timeline for significant results.
J.P. Morgan's comments on Bumble's early-stage turnaround and the cut in estimates suggest a cautious outlook. The product-driven nature implies a longer timeline for improvements, which may lead to short-term stock pressure.
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