Bumble Shares Plummet Amid Toxic Dating Trends
Bumble Shares Plummet Amid Toxic Dating Trends
Bumble Shares Plummet Amid Toxic Dating Trends
News summary

Bumble Inc.'s shares plummeted by 32% after the company cut its annual revenue growth forecast from 8%-11% to just 1%-2%, missing Wall Street's expectations significantly. This downturn comes despite attempts to revamp its flagship app and highlights broader struggles in the U.S. online dating industry. Toxic dating trends such as 'cloaking,' 'orbiting,' and 'phubbing' continue to plague the dating scene, affecting a significant portion of young adults. Another concerning trend is the rise of 'the ick,' where trivial habits of potential partners lead to sudden disinterest, often reinforcing outdated stereotypes. Furthermore, women are expressing frustration over the increasing trend of men inviting them over without prior in-person meetings, citing safety and respect concerns. These various issues underscore the evolving and often challenging landscape of modern dating.

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Last Updated
42 days ago
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