BumbleNASDAQ: BMBL

Dating apps are in trouble. Bumble (NASDAQ: BMBL) stock price has collapsed by over 22% in 2024 and by over 86% from its all-time high.

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from “one-to-one connections to groups and communities” — friendships, in other words.

The ongoing generative AI revolution still has potential for growth, but even AI stocks that have seen significant increases in value recently could experience a notable decline. Critics have been predicting a correction for some time.

Investors interested in Internet software stocks may be familiar with both Bumble Inc. (BMBL) and Smartsheet (SMAR). But which of these two stocks provides better value for investors at the moment?

Lately, Zacks.com users have been closely monitoring Bumble (BMBL), prompting a closer look at the stock's potential.

Bumble apologized for seemingly mocking celibate women in a recent ad campaign.

Some deep-value investors are willing to invest in severely beaten-down stocks that may have seen a decrease in their intrinsic value. Therefore, it is worth considering stocks currently trading for under $20 per share.

Investors frequently rely on advice from Wall Street analysts when deciding whether to Buy, Sell, or Hold a stock. Though media coverage of rating changes by these analysts can impact stock prices, their significance is questionable.

Bumble faced backlash for their billboard ads in San Francisco that seemed to mock celibacy as a substitute for online dating.