Bumble (BMBL) Stock Rises on Biopic Premiere Despite User Decline
Bumble's stock (BMBL) gained traction following the world premiere of "Swiped," a biopic chronicling founder Whitney Wolfe Herd's journey to launch the dating app in male-dominated Silicon Valley. The film's debut at the 2025 Toronto International Film Festival sparked a 10% rally over five days, with shares climbing 28% in three months.
Despite the bullish sentiment, Bumble faces structural challenges. Paying users continue to decline, prompting a business restructuring. The company's Q2 results—omitted from the original report—likely reflect these headwinds.
Lily James' portrayal of Wolfe Herd in the Hulu-bound film has momentarily overshadowed operational concerns. Notably absent was Wolfe Herd's direct involvement due to NDAs from her Tinder tenure.