Match Posts Sixth Straight Decline in Tinder Users; Shares Fall [BNN Bloomberg (Canada)]
Bumble Inc. - common stock (BMBL)
Company Research
Source: BNN Bloomberg
Paying customers on the platform were down 9% from a year earlier, totaling “under 10 million” in the first quarter, the Dallas-based company said in a statement Tuesday. Analysts had projected roughly 9.8 million users. The company attributed the loss to pricing changes it made last year as well as a falloff in active users. Match, which also runs the dating platform Hinge, has struggled to retain paid subscribers for more than a year and is facing increasing pressure to deliver a turnaround. In March, the company named two new directors to its board after holding discussions with activist investor Elliott Investment Management and signed an information-sharing agreement with the fund run by billionaire Paul Singer. Tinder “continues to face headwinds,” Match Chief Executive Officer Bernard Kim said in a letter to shareholders, “due in part to weaker consumer discretionary spending.” He said that the company is working on improving the Tinder experience, especially for women and
Show less
Read more
Impact Snapshot
Event Time:
BMBL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMBL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMBL alerts
High impacting Bumble Inc. - common stock news events
Weekly update
A roundup of the hottest topics
BMBL
News
- Bumble sought to win back women, but a ‘celibacy' ad outraged them instead. How the dating app's rebrand went wrong [Yahoo! Finance]Yahoo! Finance
- Bumble sought to win back women, but a ‘celibacy' ad outraged them instead. How the dating app's rebrand went wrong [Fortune]Fortune
- Should Value Investors Buy Bumble (BMBL) Stock? [Yahoo! Finance]Yahoo! Finance
- Bumble Inc. (BMBL) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Think Bumble (BMBL) Is a Good Investment: Is It? [Yahoo! Finance]Yahoo! Finance
BMBL
Earnings
- 5/8/24 - Beat
BMBL
Sec Filings
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- 5/9/24 - Form IRANNOTICE
- BMBL's page on the SEC website