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Why Bumble's Stock Is Getting No Love

TheMotleyFool

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It has been a disappointing year for holders of Bumble (NASDAQ: BMBL) stock, with share prices down 29% since Jan. 1. The tech company continues to grow each quarter, but it may not be keeping pace with investor expectations.

The pandemic-ravaged 2020 was a bumper year for dating apps, with Bumble experiencing increased engagement during lockdowns and clearly accelerating revenue growth when things were at their worst.

But the company struggled to convert those tailwinds to the bottom line, making persistent losses; and with revenue growth now decelerating, the stock might still be expensive.

Source Fool.com

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