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Bumble shares fall after founder Whitney Wolfe Herd announces impending return as CEO
BMBLBumble(BMBL) New York Post·2025-01-18 05:31

Bumble said Friday founder Whitney Wolfe Herd was returning as CEO in March and that the struggling dating app operator expects to exceed its fourth-quarter revenue forecast.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.Sticky inflation and a lack of major new features have hit growth at dating app operators including bigger rival Tinder-owner Match Group after a pos ...