Bumble Explores Potential Sale as Dating Industry Slowdown Deepens
Bumble is working with Morgan Stanley to explore a sale as revenue fell by around 10%, paying users dropped more than 20% in Q1, and its stock price plunged.
Bumble is working with Morgan Stanley to explore a sale as revenue fell by around 10%, paying users dropped more than 20% in Q1, and its stock price plunged.
Morgan Stanley turns more optimistic on Match Group stock after Tinder's first product showcase, citing faster innovation, growing user trends, and potential for share price gains.
Match Group (MTCH) surpasses Q4 revenue forecasts with $878M, driven by Hinge's growth. Tinder's user decline continues, but product changes and AI features signal potential turnaround ahead.