Bumble Shares Tumble By 45% In 2024: CFO Exit, Competition And Slowing Industry Growth Prompt Analyst To Downgrade The Stock – Bumble (NASDAQ:BMBL)
Shares of Bumble Inc. BMBL fell over 2% on Thursday and slipped further during pre-market trading on Friday as Wolfe Research analyst Shweta Khajuria downgraded the stock to “peer perform” from “outperform.” What Happened: Wolfe Research cited several risk factors for the downgrade, as reported …