tradingkey.logo

BUZZ-Bumble rises on founder Herd's return as CEO, upbeat Q4 guidance

ReutersJan 17, 2025 2:01 PM

Dating app operator Bumble's shares BMBL.O rise 6.2% to $8.31 premarket

Founder and executive chair Whitney Wolfe Herd to return as CEO after Lidiane Jones resigned for personal reasons

Herd will assume the role in mid-March, Jones to continue until then

Ann Mather, current lead director, will become chair of Bumble's board

Bumble expects to report Q4 total revenue and Bumble app revenue above the midpoints of earlier forecast ranges

BMBL stock fell 44.1% in 2024

(Reporting by Rishi Kant in Bengaluru)

((Rishi.Kant@thomsonreuters.com))

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI