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Bumble Inc.

Johnson Fistel Begins Investigation into Bumble Following a Significant Drop in the Company’s Stock

Shareholder rights law firm Johnson Fistel, LLP is investigating whether Bumble Inc. (NASDAQ: BMBL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

What if I purchased Bumble securities? If you purchased securities and suffered losses on your investment, join our investigation now:

If you suffered a loss on your investment and would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. The information provided will be held in strict confidence unless and until you authorize us to disclose it.
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Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

There is no cost or obligation to you.

What is Johnson Fistel investigating? On August 7, 2024, Bumble announced its second-quarter results and adjusted guidance for the full year, significantly lowering its revenue growth expectations. The company now anticipates a year-over-year total revenue growth of 1% to 2% for 2024, a sharp decline from the previous forecast of 8% to 11% issued in May. Following this news, Bumble stock was trading down 40% during pre-market trading on August 8, 2024.

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