Bumble shares fall after founder Whitney Wolfe Herd announces impending return as CEO
Briefly

Bumble is undergoing significant leadership changes with founder Whitney Wolfe Herd returning as CEO amidst a backdrop of declining shares and sluggish growth.
Sticky inflation and a lack of major new features have hit growth at dating app operators including bigger rival Tinder-owner Match Group after a post-pandemic boom.
Bumble last month announced the departures of finance chief Anu Subramanian and marketing head Selby Drummond as part of its restructuring efforts.
The company reported its first decline in quarterly sales since going public in 2021, signaling challenges in regaining growth momentum.
Read at New York Post
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