Following the completion in March 2023 of an underwritten public offering of shares of Class A common stock of Bumble Inc. (the Company) in which certain investors affiliated with Blackstone Inc. (Blackstone) participated as selling stockholders, the number of members of the Company's Board of Directors (the Board) whom Blackstone is entitled to designate under the stockholders agreement, dated as of February 10, 2021, by and among the Company, Blackstone and the other parties from time to time party thereto, was reduced from five to four. Accordingly, on April 11, 2023, Christine L. Anderson notified the Board of her decision not to stand for re-election at the expiration of her term on June 6, 2023, the day of the Company's annual meeting of stockholders.
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5-day change | 1st Jan Change | ||
11.51 USD | +0.52% | +9.83% | -21.91% |
May. 10 | Bumble Offers 'More Than Just a Cheap Date,' BofA Says in Upgrading Stock | MT |
May. 10 | BofA Securities Upgrades Bumble to Buy From Neutral, Sets $14 Price Target | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-21.91% | 1.44B | |
+32.22% | 1,208B | |
+7.84% | 31.49B | |
+64.26% | 20.79B | |
-15.18% | 8.15B | |
-10.68% | 2.35B | |
+23.81% | 878M | |
-11.75% | 554M | |
+25.05% | 435M | |
-30.33% | 333M |
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- Christine L. Anderson Announces Not to Stand for Re-Election to the Board of Bumble Inc