The average brokerage recommendation (ABR) for Bumble (BMBL) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
The dating app Bumble got stung after running billboard ads that appeared to sneer at celibacy as an alternative to meeting people online. On Monday, the company backtracked and apologized for billboards that bore the message “You know full well a vow of celibacy is not the answer” juxtaposed against an introduction to “the new Bumble.” Women on social media castigated the company for suggesting celibacy isn’t a valid personal choice.
The company apologized and said it would donate its ad space to the National Domestic Violence Hotline.