Bumble: Savings Are Welcome; But Where Are The Buybacks? (Rating Downgrade)

Bumble ( BMBL ) shares surged 26+% after the company reported earnings for the March quarter, beating estimates on revenue and operating income. Moreover, Bumble management highlighted plans for OPEX discipline, planning for $35 million worth of cost savings by the end of 2025. WithExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market ...