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Stock impact report

Tinder Parent Match Faces High Bar for Turnaround as Activist Threat Looms [Yahoo! Finance]

Bumble Inc. - common stock (BMBL) 
Company Research Source: Yahoo! Finance
plan for reversing persistent subscriber declines at the company's flagship dating app, Tinder. Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Cloud Computing Tax Threatens Chicago's Silicon Valley Dream A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect San Francisco, Paris Named Best Cities for Urban Transportation DC Business Leaders Welcome Return-to-Office Policy Under Trump Tinder's product road map and its mid-term growth outlook will be key, according to analysts interviewed by Bloomberg. The firm has been attempting a turnaround since last year, launching a splashy marketing campaign, refreshing Tinder's app interface and expanding some safety features to more users. These efforts have so far yielded little improvement in Tinder's subscriber growth. Last month, the company gave a disappointing outlook after some new features under-delivered, further dampening confidence. Investors gathering in New Yor Show less Read more
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