Stock Movers: Bumble, Dollar General, Pinterest
On this episode of Stock Movers: - Bumble shares (BMBL) fell on Tuesday after JPMorgan downgrades to underweight from neutral. Analyst Cory Carpenter says shares have rallied over 50% since President Donald Trump's 'Liberation Day' tariff announcements. - Dollar General shares (DG) rise after the retailer reported first-quarter profit and sales that topped expectations, and management boosted its comparable sales forecast for the full year, as well as the low end of its EPS target. Despite low-income shoppers feeling squeezed by inflation, Dollar General's sales have continued to increase, and its value-priced offerings may attract more customers during economic downturns. - Pinterest (PINS) gains after JPMorgan raises rating to overweight from neutral. A diversification of its advertising platform to provide full-funnel capabilities is supporting further revenue upside at the social media firm, says analyst Doug Anmuth.
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