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Stocks of Bumble Tank Following Deficient Annual Earnings Outlook

Stocks of Bumble Tank Following Deficient Annual Earnings Outlook
August 8, 2024



Bumble Inc.’s stocks plunged after the courting corporate slashed its annual income outlook, suggesting that an overhaul of the emblem’s flagship app has did not meaningfully reignite expansion. The Austin, Texas-based corporate stated Wednesday that 2024 income will acquire by way of 1% to two% from a 12 months previous. It had prior to now forecast expansion of up to 11%, and Wall Boulevard was once anticipating 8.4%.

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