Bumble tumbles on weak revenue forecast, analysts remain cautious on turnaround prospects
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Bumble Inc's shares dropped over 26% following a weak revenue forecast for Q1, with expectations of declining paying users and revenue below estimates.
February 19, 2025 | 5:00 pm
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Bumble Inc's shares fell more than 26% due to a disappointing Q1 revenue forecast, predicting a decline in paying users and revenue below market estimates.
The significant drop in Bumble's stock price is directly linked to its weak revenue forecast for Q1, which is below market expectations. This indicates potential challenges in user growth and revenue generation, leading to a negative short-term impact on the stock.
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