
Bumble’s shares fell 16 per cent on Wednesday after the dating app operator forecast first-quarter revenue below market estimates , as it continues to grapple with a slowdown in the growth of paying users.
Shares of the Austin, Texas-based company have slumped about 40 per cent over the past 12 months. Bumble recently announced executive changes including the return of its founder Whitney Wolfe Herd as its chief executive in