2023-04-07 06:37:00 ET
Dating apps -- love them or hate them -- are the modern matchmakers for single people. Young people around the globe are increasingly using them, riding the tailwind of smartphone usage over the last 15-plus years.
Most readers are aware of Tinder, the top dating application that revolutionized the industry with its swipe right/left interface. But a second application is now becoming a worldwide dating phenomenon, and its stock just went public in 2021. The app is Bumble (NASDAQ: BMBL) , a fast-growing service focused on giving women power in the online matchmaking game.
Does Bumble stock present a buying opportunity with its shares down almost 80% from all-time highs? Let's investigate.
For further details see:
Is Bumble Stock a Match Made in Wall Street Heaven?