The most recent trading session ended with Bumble Inc. (BMBL) standing at $7.20, reflecting a +0.98% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.16% gain on the day. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq increased by 0.78%. The company's shares have seen an increase of 11.76% over the last month, surpassing the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67%. The investment community wi ...

Core Viewpoint - Bumble Inc. (BMBL) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, continuing a strong trend of surpassing expectations in previous quarters [1]. Group 1: Earnings Performance - In the last reported quarter, Bumble achieved earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, resulting in a surprise of 46.67% [2]. - In the previous quarter, Bumble was expected to post earnings of $0.07 per share but delivered $0.19 per share, leading to a surprise of 171.43% [2]. Group 2: Earnings Estimates and Predictions - Bumble's earnings estimates have been trending higher, supported by its history of earnings surprises, and it currently has a positive Zacks Earnings ESP of +35%, indicating bullish sentiment among analysts regarding its earnings prospects [3][6]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat consensus estimates nearly 70% of the time [4][6]. Group 3: Earnings ESP Metric - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide more accurate predictions [5]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [7].

Core Viewpoint - A securities class action lawsuit has been filed against Bumble Inc. on behalf of investors who acquired Bumble securities between November 7, 2023, and August 7, 2024, with a lead plaintiff deadline set for November 25, 2024 [1]. Group 1: Allegations and Misconduct - The complaint alleges that Bumble's defendants misled investors by creating a false impression of having reliable information about the consumer market, which led to overconfidence in the relaunch of the Bumble app and its marketing campaign [3]. Group 2: Legal Process and Participation - Investors in Bumble can seek to be appointed as lead plaintiffs by November 25, 2024, or choose to remain absent class members, with the lead plaintiff representing the interests of all class members [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct, emphasizing their commitment to protecting investors and consumers [5].

NEW YORK, Oct. 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bumble Inc. (NASDAQ: BMBL).Shareholders who purchased shares of BMBL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bumble-loss-submission-form/?id=109397&from=4CLASS PERIOD: November 7, 2023 to August 7, 2024 ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bumble Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class action lawsuit pertains to Bumble Inc. securities purchased between November 7, 2023, and August 7, 2024, with a lead plaintiff deadline of November 25, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [1][4] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [2] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [2] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise [2] Group 3: Case Allegations - The lawsuit alleges that Bumble's management misled investors by presenting false information regarding the company's revenue outlook and growth potential, particularly concerning its subscription options and leadership changes [3] - Bumble's Premium Plus subscription plan reportedly lacked a clear market fit and required significant revisions [3] - The defendants are accused of providing materially flawed statements that did not accurately reflect the company's challenges, leading to investor damages when the truth emerged [3]

SAN DIEGO, Oct. 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bumble Inc. (NASDAQ: BMBL) securities between November 7, 2023 and August 7, 2024, inclusive (the "Class Period"), have until November 25, 2024 to seek appointment as lead plaintiff of the Bumble class action lawsuit. Captioned Holzer v. Bumble Inc., No. 24-cv-01131 (W.D. Tex.), the Bumble class action lawsuit charges Bumble as well as certain of Bumble's top executives with violations of ...

The most recent trading session ended with Bumble Inc. (BMBL) standing at $7.29, reflecting a +0.83% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.92%. On the other hand, the Dow registered a loss of 0.96%, and the technology-centric Nasdaq decreased by 1.6%.Heading into today, shares of the company had gained 15.86% over the past month, outpacing the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 2.68% in that time.Investors will ...

Core Viewpoint - A securities class action lawsuit has been filed against Bumble Inc. for allegedly misleading investors about its market position and growth prospects during the Class Period from November 7, 2023, to August 7, 2024 [1][2] Group 1: Allegations Against Bumble Inc. - The complaint claims that Bumble's management created a false impression of having reliable information regarding the consumer market, which led to overconfidence in the relaunch of the Bumble app and its marketing campaign [2] - It is alleged that this false confidence was tied to expectations of increased user growth and revenue per paid user in the latter half of the year [2] Group 2: Lead Plaintiff Process - Investors in Bumble have until November 25, 2024, to apply to be appointed as lead plaintiff representatives in the class action [3] - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [3] - Participation as a lead plaintiff does not affect the ability of other investors to share in any potential recovery [3] Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4] - The firm encourages affected Bumble investors to reach out for more information regarding the lawsuit [4]

Core Viewpoint - Bumble Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its relaunch strategy and subscription offerings, which led to inflated stock prices and subsequent declines following disappointing financial results [2][3]. Group 1: Allegations and Financial Impact - The lawsuit claims that Bumble provided overly positive statements while concealing material adverse facts about its relaunch strategy, including issues with the Premium Plus subscription tier [2]. - Following the release of disappointing fourth quarter fiscal 2023 results on February 27, 2024, Bumble's stock price fell from $13.18 to $11.23 per share [2]. - On August 7, 2024, Bumble announced mixed second quarter results and revealed that the app relaunch was not proceeding as planned, leading to a further stock price drop from $8.06 to $5.71 per share [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as November 7, 2023, to August 7, 2024, and shareholders are encouraged to register for participation [3]. - The deadline for shareholders to seek lead plaintiff status is November 25, 2024, and there is no cost to participate in the case [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Western District of Texas on behalf of those who acquired Bumble Inc. ("Bumble" or the "Company") (NASDAQ: BMBL) securities during the period of November 7, 2023 through August 7, 2024, inclusive ("the Class Period"). Investors have until November 25, 2024, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click ...