Why Is Everyone Talking About Bumble Stock?
Bumble (NASDAQ: BMBL) recently generated a lot of buzz after two developments jolted the online dating company's stock.
First, Bumble's stock hit its highest levels in more than a month on Oct. 21 after Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google reduced its Play Store fees for subscription-based apps. But a day later, Bumble's stock pulled back after Snap's (NYSE: SNAP) messy third-quarter earnings report sparked fresh concerns about the company's app install ads.
Should Bumble's investors pay close attention to these recent developments? Let's dig deeper and see how they could impact the company's future.
Source Fool.com
