Press release
Investors who lost money with shares of Bumble Inc. (NASDAQ: BMBL) should contact the Shareholders Foundation in connection with Investigation
An investigation for investors in Bumble Inc. (NASDAQ: BMBL) shares over potential securities laws violations by Bumble Inc.
Investors who purchased shares of Bumble Inc. (NASDAQ: BMBL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by Bumble Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Austin, TX based Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally.
Bumble Inc. (NASDAQ: BMBL) reported that its annual Total Revenue rose from $903.5 million in 2022 to over $1.05 billion in 2023, and that its Net Loss declined from $79.74 million in 2022 to $4.21 million in 2023.
On August 7, 2024, Bumble Inc. announced its second-quarter results and adjusted guidance for the full year, significantly lowering its revenue growth expectations. The company now anticipates a year-over-year total revenue growth of 1% to 2% for 2024, a sharp decline from the previous forecast of 8% to 11% issued in May.
Shares of Bumble Inc. (NASDAQ: BMBL) declined from $17.10 per share in September 2023 to $4.80 per share on August 08, 2024.
Those who purchased shares of Bumble Inc. (NASDAQ: BMBL) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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