Bumble shares haven’t met their match, time to buy stock, Barron’s says

Bumble (BMBL) has been getting the cold shoulder from investors, who are worried that singles have cooled on its dating apps, but the company, though scruffy, remains attractive-and its stock could be just the ticket for investors looking for more than a quick hookup, Jacob Sonenshine writes in this week’s edition of Barron’s. Of course, there’s an elephant in the dating room: Tinder owner Match Group (MTCH). Tinder is its largest dating app but it also owns OkCupid and Hinge, the author notes. Altogether, Tinder controls about 72% of the dating app market by monthly active users, according to Sensor Tower data, though Bumble is making gains: Its market share has grown to about 19% from 13% at the start of 2019, the publication adds. Reference Link