Bumble shares fall after founder Whitney Wolfe Herd announces impending return as CEO
1. Whitney Wolfe Herd returns as CEO in March, affecting leadership dynamics. 2. Bumble forecasts Q4 revenue between $256M and $262M, adjusted profit within prior range. 3. The company previously experienced a nearly 50% decline in shares. 4. Inflation and lack of new features challenge growth for Bumble and competitors. 5. Recent executive changes signal a shift in company strategy.