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Benzinga
Benzinga
Business
Dylan Berman

Bumble Defies Download Drop With Strong Outlook As Stock Soars

Bumble BMBL JPMorgan Nasdaq
Stock chartbenzingaai2023_stock_market_charts_on_multiple_computer_scree_03ada781-be05-460b-a6af-38988bc7658b_1

Bumble Inc. (NASDAQ:BMBL) shares traded higher Wednesday, and JPMorgan weighed in on the stock.

What To Know: In the note, the analyst was surprised by Bumble's 30% workforce reduction and even more so by the company's upward revision to its second-quarter revenue and adjusted EBITDA guidance.

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