Bumble Shares Plummet 25% Following Disappointing Revenue Forecast
Bumble Inc. has forecasted its third-quarter revenue to fall below Wall Street's expectations, prompting a sharp 25% decline in its share value during extended trading. The Austin-based company, known for its popular dating apps including Bumble, Badoo, and Fruitz, has signaled weaker discretionary spending by users on its platforms.
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