Bumble founder Whitney Wolfe Herd to return as CEO
1. Whitney Wolfe Herd returns as Bumble's CEO after Lidiane Jones resigns. 2. Bumble expects Q4 revenue exceeding prior outlook, boosting investor confidence. 3. Company's market cap has significantly declined from $7.7 billion to $847 million. 4. Shares rose 6% in premarket trading following the announcement.