|Bid||28.31 x 800|
|Ask||28.26 x 1400|
|Day's Range||27.62 - 30.57|
|52 Week Range||15.41 - 61.05|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 08, 2022 - Nov 14, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.59|
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Bumble (NASDAQ: BMBL), the online dating platform, recently announced strong sales growth for the period that ended in late June while taking a big step toward profitability. While it is anyone's guess where annual earnings might land in a few years, Bumble is making strides at constructing a larger, more efficient business.
Bumble's (NASDAQ: BMBL) stock fell 9% on Aug. 11 after the online dating company posted its second-quarter earnings report. Its revenue rose 18% year over year to $220.5 million, beating analysts' estimates by $1.
Even though it's August, it's time for some spring cleaning. Based on recent price action, we've changed our stance from bearish to bullish. The technical reasons for this change can be found here. It's time to update a few of our trades: Breaking Up With Bumble On July 7, we bought Bumble (point A).