Bumble Inc.

Case Overview
Status: | Status: Investigating |
Ticker: | Ticker: BMBL |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP is investigating potential claims against Bumble Inc. (“Bumble” or the “Company”) (NASDAQ:BMBL). The investigation concerns whether the Company may have violated federal securities laws or engaged in other unlawful business practices.
On February 19, 2025, Bumble released its 2025 fourth quarter earnings release announcing, amongst other things, the discontinuation of its two acquired apps, Fruitz and Official. On this news, the price of Bumble shares declined by $2.46 per share, or approximately 30.4%, from $8.10 per share on February 18, 2025 to close at $5.64 on February 19, 2025.
On February 19, 2025, Bumble released its 2025 fourth quarter earnings release announcing, amongst other things, the discontinuation of its two acquired apps, Fruitz and Official. On this news, the price of Bumble shares declined by $2.46 per share, or approximately 30.4%, from $8.10 per share on February 18, 2025 to close at $5.64 on February 19, 2025.