BUZZ-Bumble rises on founder Herd's return as CEO, upbeat Q4 guidance

Reuters
01-17

** Dating app operator Bumble's shares rise 6.2% to $8.31 premarket

** Founder and executive chair Whitney Wolfe Herd to return as CEO after Lidiane Jones resigned for personal reasons

** Herd will assume the role in mid-March, Jones to continue until then

** Ann Mather, current lead director, will become chair of Bumble's board

** Bumble expects to report Q4 total revenue and Bumble app revenue above the midpoints of earlier forecast ranges

** BMBL stock fell 44.1% in 2024

(Reporting by Rishi Kant in Bengaluru)

((Rishi.Kant@thomsonreuters.com))

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