NEW YORK CITY, NY / ACCESS Newswire / August 14, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bumble Inc. ("Bumble" or the "Company") (NASDAQ:BMBL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Bumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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After the market closed on August 6, 2025, Bumble released its second quarter 2025 results. Among other items, the Company revealed that total paying users dropped 8.7% to 3.8 million in the second quarter, despite efforts to improve the quality of its user base and foster more meaningful connections by linking users with similar engagement and intent. For comparison, Bumble had 4 million paying users in the first quarter and 4.2 million in the fourth quarter of the previous year. In addition, the Company has rolled out new AI-powered features to expand trust and safety tools, but analysts have said the strategy will weigh on user and payer growth in the near term, especially as stricter verification measures roll out.
On this news, Bumble’s stock price fell $1.22 per share, or 15.94%, to close at $6.43 per share on August 7, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP
View the original press release on ACCESS Newswire
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