BMBL - Wells Fargo cuts Bumble to equal weight on lackluster relaunch reacceleration challenges
2024-07-08 11:11:04 ET
Wells Fargo downgraded Bumble ( NASDAQ: BMBL ) to "Equal Weight" from a previous investment rating of "Overweight," citing that buzz around the dating app platform's April relaunch drove a "bump" in trends but barely any benefits were observed from it....
Wells Fargo cuts Bumble to equal weight on lackluster relaunch, reacceleration challenges