Francesca Fontana
👤 SpeakerAppearances Over Time
Podcast Appearances
Dies schlug die Investoren ab und hatte Ripple-Effekte auf dem Markt am Montag, weil es einige Glauben auf die Stärke des US-Konsumenten gab. Wal-Mart-Ausgaben fielen am Montag um 6,5 Prozent und verringerten am Freitag weiter, endet mit einem wöchentlichen Verlust von 8,9 Prozent. Let's talk about love. You know, Valentine's Day is over, it's done.
And so maybe it's fitting that one of the biggest losers of the week was dating app company Bumble. Now Bumble's been trying to turn itself around, but late Tuesday the company forecast lower than expected earnings in the first quarter, disappointing investors. And it's not the only online dating stock that hasn't been so lucky in love lately.
And so maybe it's fitting that one of the biggest losers of the week was dating app company Bumble. Now Bumble's been trying to turn itself around, but late Tuesday the company forecast lower than expected earnings in the first quarter, disappointing investors. And it's not the only online dating stock that hasn't been so lucky in love lately.
Earlier this month, Rival Match, which owns Tinder, Hinge and Okie Cupid, replaced its top executive, posted a drop in fourth quarter earnings and forecast sales below expectations. Now Bumble said it's got a plan to attract more users and improve its monetization strategy and it's going to wind down two of its dating apps.
Earlier this month, Rival Match, which owns Tinder, Hinge and Okie Cupid, replaced its top executive, posted a drop in fourth quarter earnings and forecast sales below expectations. Now Bumble said it's got a plan to attract more users and improve its monetization strategy and it's going to wind down two of its dating apps.
Fruits, with a Z, you know how cool stuff gets spelled, and official, which is spelled normally. But that did little to stop the freefall, as Bumble shares lost a whopping 30% Wednesday, and on the week lost 38%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.
Fruits, with a Z, you know how cool stuff gets spelled, and official, which is spelled normally. But that did little to stop the freefall, as Bumble shares lost a whopping 30% Wednesday, and on the week lost 38%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.
Today's show was produced by Pierre Bien-Aimé, with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend and don't forget to email me whether you're feeling bullish or bearish about the stock market. I'll see you next Saturday.
Today's show was produced by Pierre Bien-Aimé, with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend and don't forget to email me whether you're feeling bullish or bearish about the stock market. I'll see you next Saturday.