Why Is Everyone Talking About Bumble Stock?

·4 min read
Why Is Everyone Talking About Bumble Stock?

Bumble (NASDAQ: BMBL) recently generated a lot of buzz after two developments jolted the online dating company's stock. First, Bumble's stock hit its highest levels in more than a month on Oct. 21 after Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google reduced its Play Store fees for subscription-based apps. Bumble and its larger rival Match (NASDAQ: MTCH) both generate most of their revenue from subscription fees.

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