FINWIRES · TerminalLIVE
FINWIRES

$BMBL

7 stories mentioning BMBLUpdated just now

Every FINWIRES story that references BMBL, newest first.

Sectors

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks were lower late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.4%.In corporate news, Darden Restaurants (DRI) issued a full-year earnings outlook below market estimates on Thursday, and the restaurant operator's fiscal Q4 sales fell short of expectations. Its shares fell 1.1%.Stellantis (STLA) and Nissan are in talks to buy some assets from Marelli, the bankrupt auto-parts supplier currently undergoing a complex Chapter 11 restructuring, Bloomberg reported. Stellantis shares were down 1.3%.McCormick (MKC) reported fiscal Q2 results above Wall Street's estimates on Thursday, while reiterating its full-year outlook. McCormick shares gained 2.1%.Bumble (BMBL) is exploring a sale amid a slowdown in growth of the online dating sector, Reuters reported. The dating app company has selected Morgan Stanley to assist it on a potential sale process, the report said. Bumble shares jumped past 5%.

$BMBL$DRI$MKC$STLA
Sectors

Sector Update: Consumer

Consumer stocks were lower late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.4%.In corporate news, Bumble (BMBL) is exploring a sale amid a slowdown in growth of the online dating sector, Reuters reported. The dating app company has selected Morgan Stanley to assist it on a potential sale process, the report said. Bumble shares jumped nearly 6%.

$BMBL
Wire

Market Chatter: Bumble Working With Morgan Stanley to Explore Sale

Bumble (BMBL) is exploring a sale amid a slowdown in growth of the online dating sector, Reuters reported Thursday, citing three people familiar with the matter.The dating app company has selected Morgan Stanley to assist it on a potential sale process, the report said, citing the people.Bumble didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $2.90, Change: $+0.18, Percent Change: +6.62%

$BMBL
Wire

Bumble Working With Morgan Stanley to Explore Sale, Reuters Reports

Bumble Working With Morgan Stanley to Explore Sale, Reuters Reports

$BMBL
Wire

Market Chatter: Bumble to Launch 'Plans' Feature for Meetups

Bumble (BMBL) is expected to launch its group-dating feature "Plans" this week, Business Insider reported Tuesday.The paid feature arranges a meetup for Bumble users, with launch initially in New York, the report said.Bumble did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $3.18, Change: $-0.04, Percent Change: -1.18%

$BMBL
Wire

Bumble Q1 Earnings Rise, Revenue Declines; Shares Fall

Bumble (BMBL) shares were down more than 21% in Wednesday trading, a day after the company reported a year-over-year decline in Q1 revenue.The company reported Q1 earnings Tuesday of $0.34 per diluted share, up from $0.13 a year earlier.Analysts polled by FactSet expected earnings of $0.28.Revenue for the three months ended March 31 was $212.4 million, down from $247.1 million a year earlier.Analysts surveyed by FactSet expected $211.6 million.For Q2, the company expects revenue of $205 million to $213 million. Analysts polled by FactSet expect $211 million.Price: $3.39, Change: $-0.91, Percent Change: -21.10%

$BMBL
Wire

Bumble Shows Conceptual Progress on Platform & Products, But Improvement Unlikely in 2026, RBC Says

Bumble's (BMBL) Q1 showed some conceptual forward progress on platform & products, but improvement is looking unlikely in 2026, RBC Capital Markets said in a research note emailed Wednesday.Bumble is re-doing its entire tech stack which is expected accelerate new product development and testing, RBC said, adding that the company's Q1 results saw payers modestly missed and decelerated, reinforcing the severity of the product issues.RBC further said that while the Bumble app relaunch doesn't really get going until Q4, more importantly, the company does not have substantive testing yet to help investors handicap the potential for success."We'd expect investors to take a more skeptical view where a best case scenario would likely be possible stabilization or return to growth in '27 or '28," RBC said.RBC has a sector perform rating on Bumble with a $5 price target.Price: $3.40, Change: $-0.90, Percent Change: -20.86%

$BMBL

Track with the FINWIRES app suite