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

Reuters
17 Jan

** Dating app operator Bumble's shares 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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10