I don’t envy Lidiane Jones. The CEO of dating app Bumble (BMBL) took over the helm from company founder Whitney Wolfe Herd. As you probably know, Herd represents a new generation of entrepreneurs: smart, talented, driven and female. Full credit to Herd, she never waited around for society to implement equity and inclusion. She muscled her way in and took it.
If the valuation of BMBL stock was based purely on moxie, it would be a unanimous strong buy. As it stands, the Barchart Technical Opinion – which measures sentiment based on a range of charting data – pegs Bumble as a “strong sell.” It’s difficult to argue with the logic. Just this year alone, shares stumbled more than 27%.
