Tech

Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance (Jessica Bursztynsky/CNBC)


Jessica Bursztynsky / CNBC:

Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance  —  – Shares of Bumble fell sharply Thursday morning, dipping below its initial public offering price of $43 apiece, after the company reported first-quarter results.

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