The Latest Breaking News from BMBL

Following weak Q4 results, online dating app Bumble veritably crashed. Here’s why BMBL stock could be a rebound candidate.

Following weak Q4 results, online dating app Bumble veritably crashed. Here’s why BMBL stock could be a rebound candidate.

Once kicked to the curb as a lackluster opportunity, institutional activity over Bumble options may hint at a resurgence for BMBL stock.

While social networking service Bumble started off with much fanfare, BMBL stock continues to disappoint amid a tough economy and relevancy struggles.

With the possibility that love may be the first casualty in an economic crisis, investors should be careful about too heavy exposure to dating app Bumble.

The social media sector anticipates a slower pace of ad sales growth as analysts expect a weaker economic outlook could drag down marketing spending. Hence, it would be wise to avoid fundamentally weak stocks, Nextdoor Holdings (KIND), Twitter (TWTR), and Bumble (BMBL). Read on….

Analysts expressed optimism on Bumble Inc (NASDAQ: BMBL) post Q1 beat. Raymond James analyst Andrew Mar

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Analysts continue to see sharp upside in Bumble Inc (NASDAQ:BMBL) despite cutting their price targets post Q4 results. BMO Capital analyst Daniel Salmon upgraded to Outperform from Market Perform with an unchanged price target of $48 (103% upside). Online dating is poised to outperform the internet sector. Cowen analyst John Blackledge raised the price target to $38…