Bumble Stock Drops 23%: What Investors Need to Know

Bumbles stock takes a hit as UBS lowers price target by 23%, adding to recent downward revisions. Despite the markets reaction, the companys long-term perception remains unchanged, with shares trading at $3.96, a significant drop from its 52-week high of $9.88 and IPO price of $76.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.