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bumble shares: Bumble shares drop as founder Whitney Wolfe Herd to relinquish CEO role - Vimarsana News

bumble shares: Bumble shares drop as founder Whitney Wolfe Herd to relinquish CEO role

This is the second big executive departure this year at Bumble following the exit of president Tariq Shaukat, who stepped down after three years in the role.

bumble stock update: Bumble shares drop 7% as founder Wolfe Herd to relinquish CEO role - Vimarsana News

bumble stock update: Bumble shares drop 7% as founder Wolfe Herd to relinquish CEO role

In the recent years, Bumble, which counts Friends, Badoo, Fruitz (for Gen Z) and Official in its portfolio of dating services, has faced pressure to grow due to unrest in some markets like the Eastern Europe and competition from larger rival Match.

bumble: Bumble declines as higher expenses fan concerns about Tinder competition - Vimarsana News

bumble: Bumble declines as higher expenses fan concerns about Tinder competition

The operator of Bumble, Badoo, and Fruitz apps said its total operating costs rose more than 7% in the June quarter as it spent more on product development and marketing.

These tech stocks have never been more compelling, Goldman Sachs says - Vimarsana News

These tech stocks have never been more compelling, Goldman Sachs says

These tech stocks have major upside, according to Goldman Sachs analysts.

Source: cnbc.com