Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023. Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect in mid-March.  It’s not uncommon for founders to return as CEOs. Notable examples include Jack Dorsey’s return to Twitter and Steve Jobs’s return to Apple. The reasons fo ...

Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little over a year after she stepped down from the role, the company announced Friday.The company's current CEO Lidiane Jones has resigned for "personal reasons," Bumble said. Jones previously served as the CEO of Salesforce's cloud-based messaging platform Slack. She will continue to helm Bumble until Wolfe Herd takes over in mid-March."I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumbl ...

Bumble Inc. (BMBL) closed the latest trading day at $7.56, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 1.54%. Elsewhere, the Dow saw a downswing of 1.63%, while the tech-heavy Nasdaq depreciated by 1.63%.The the stock of company has fallen by 8.7% in the past month, lagging the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2%.Market participants will be closely following the financial results of Bumble In ...

Technology Sector Performance - The technology sector was the backbone of the stock market's exceptional performance in 2024, with the Nasdaq Composite Index surging 31.4%, outpacing the S&P 500's 25.2% rise and the Dow Jones Industrial Average's 14.1% climb [1] - The sector's growth trajectory shows no signs of slowing, driven by AI, cybersecurity, 5G, blockchain, and autonomous vehicles, with worldwide IT spending forecasted to rise 9.3% to $5.74 trillion in 2025 [2] Key Growth Drivers - Rapid adoption of AI and high-performance computing solutions fueled growth, with semiconductor companies thriving due to enterprise integration of generative AI and advanced analytics [16] - The cloud computing boom remained strong, with businesses adopting hybrid and multi-cloud solutions to streamline operations and cut costs [16] Affordable Tech Stocks Under $10 - Four tech companies trading under $10 were identified as potential investment opportunities: Stratasys (SSYS), Phunware (PHUN), Bumble (BMBL), and VTEX (VTEX) [3] - These stocks offer exposure to the sector's growth potential while keeping investments accessible, with favorable Growth Scores and Zacks Ranks [10][18] Company Highlights - **Stratasys (SSYS)**: Priced at $9.15, the company benefits from increased demand for 3D-printed equipment across industries, with a Zacks Consensus Estimate for 2025 earnings moving up to 33 cents per share [5][12][19] - **Phunware (PHUN)**: Priced at $5.73, the company's growth is driven by its mobile engagement platform, with a narrowed Zacks Consensus Estimate for 2025 loss to 84 cents per share [6][13][20] - **Bumble (BMBL)**: Priced at $8.02, the company's unique women-first approach to online dating drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 86 cents per share [7][14][21] - **VTEX (VTEX)**: Priced at $5.75, the company's robust digital commerce platform drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 16 cents per share [8][15][22] Macroeconomic Factors - Improving macroeconomic conditions, including Federal Reserve interest rate cuts and stabilizing inflation, boosted investor confidence in growth-oriented tech stocks [9] - Supply-chain recoveries revitalized the hardware segment, contributing to the sector's robust performance [9]

Bumble (NASDAQ: BMBL ) stock has performed quite well since I have argued that shares are a "Strong Buy", following the 40% DoD back in August. Since the publication of the article shares are up about 25%, while the S&P 500 (Experience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend of Investor ExpressAnalyst ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

SAN DIEGO, Nov. 23, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bumble Inc. (NASDAQ: BMBL) securities between November 7, 2023 and August 7, 2024, both dates inclusive (the "Class Period"), have until this upcoming Monday, 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 ...

NEW YORK, Nov. 22, 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=112964&from=4CLASS PERIOD: November 7, 2023 to August 7, 2024 ...

RADNOR, Pa., Nov. 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Bumble Inc. ("Bumble") (NASDAQ: BMBL) on behalf of investors who purchased or otherwise acquired Bumble securities between November 7, 2023 and August 7, 2024, inclusive (the "Class Period")  The lead plaintiff deadline is November 25, 2024.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Bumble losses, you may ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bumble Inc. securities between November 7, 2023, and August 7, 2024, of the upcoming lead plaintiff deadline on November 25, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bumble securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 25, 2024 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: 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 related to its tiered-subscription options and app relaunch [4]. - It is claimed that Bumble's Premium Plus subscription plan lacked a clear market fit and required significant revisions, while the tiered-subscription options failed to deliver the projected revenue per user, impacting Bumble's market share [4]. - The misleading statements made by the defendants resulted in investor damages when the true situation was revealed [4].