BMBL Stock Recent News

Wolfe Herd, executive chair of Bumble, will take the reins from Lidiane Jones, who steps down after a tenure of about a year that was marked by a nearly 50% decline in the company's shares.

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.

Bumble founder Whitney Wolfe Herd will return as the company's CEO in mid-March. Wolfe Herd previously stepped down from the role and was replaced by Lidiane Jones, who led Salesforce's Slack.

Dating app operator Bumble said on Friday its founder and executive chair, Whitney Wolfe Herd, will become the chief executive of the company from mid-March after Lidiane Jones resigned as CEO.

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that Founder and Executive Chair, Whitney Wolfe Herd, will become Chief Executive Officer, effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her role for personal reasons. Jones will continue as CEO until the transition takes effect. “I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumble, and her leadership has been instrumental in buil.

Bumble Inc. (BMBL) closed at $7.56 in the latest trading session, marking no change from the prior day.

The online dating industry may have hit its roughest patch yet. With global online dating spend flatlining at a projected 0% growth in 2025, JPMorgan analyst Cory Carpenter sees stagnation stemming from a lack of innovation and waning interest among younger users.

Bumble stands out with its innovative platforms, pricing moves and a brand built on women empowerment.

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced the appointment of Michael Affronti to Chief Product Officer (“CPO”). In this key executive leadership position, Michael will oversee innovation and user experience across the Company's product portfolio and will lead the Product, Safety, Research and Customer Care teams. His appointment is effective immediately. Michael comes to Bumble Inc. from Salesforce, where he served as SVP and General Manager of Commerce Cloud. I.

Wolfe Research downgraded Bumble to Peer Perform from Outperform. The firm sees execution post a product reset, the recent CFO exit, rising competition, and slowing industry growth as key risk factors. The analyst expects a conservative 2025 guidance, and views Bumble as a trading asset versus an investment asset over the near-to-medium term.