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Why Bumble Stock Was Up This Week

TheMotleyFool

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Why Bumble Stock Was Up This Week: https://g.foolcdn.com/editorial/images/711544/woman-texting-on-phone.jpg

Bumble (NASDAQ: BMBL) investors had a good week this week. Shares rose 11% through Thursday trading, according to data provided by S&P Global Market Intelligence, compared to a 1.3% increase in the wider market.

That boost wasn't enough to put the online dating service specialist into positive territory for the year, though. Shares are down 28% so far in 2022 compared to a 14% decline in the S&P 500.

This week's rally came as investors turned back toward beaten-down tech stocks.

Source Fool.com

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