The relaunch of the Bumble app aims to turn the growth story around: Analyst

Bumble (BMBL) announced its first quarter earnings results, with an increase in both the top and bottom lines. Amid the pressure dating app stocks are facing, Citi's US internet analyst Ygal Arounian joins the Morning Brief to discuss the prospects for Bumble's future.

Arounian notes that "expectations were so low" for dating app stocks, with a slowdown in growth among the user base. However, he emphasizes Bumble's ability to beat first-quarter estimates while attracting more paying users. This, coupled with the fact that the company didn't lower its outlook, "was enough to get investors a little more excited here."

Regarding ...