Love at Second Sight: Bumble Stock Is Buzzing Again

·3-min read
Love at Second Sight: Bumble Stock Is Buzzing Again
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  • Cory Carpenter
    American speed skater

J.P. Morgan analyst Cory Carpenter upgraded shares of the world's second largest player in online dating apps on Tuesday, boosting his rating from neutral to overweight. This is the third week in a row that Bumble stock has been upgraded by a Wall Street pro. The 24% in year-over-year revenue growth was ahead of its earlier guidance, but Bumble did report a problematic sequential dip in paying app users.

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