Yahoo Finance’s Julie Hyman, Myles Udland, and Brian Sozzi discuss General Electric’s and Bumble’s moves in the market.

Video Transcript

MYLES UDLAND: All right, welcome back to Yahoo Finance Live on this Monday morning. We see all three majors now in the green. Adding to those gains, the Dow is up nearly 1.3%. The NASDAQ now nicely in green figures, up about one half of 1%, 6/10 of 1%. Let's take a look at a couple of stocks that are on the move. And let's first start with GE, reports of the company is in talks to sell its aircraft leasing unit to Irish aircraft outfit AerCap, company now up 3.5%, or shares of the company about 3.5%. That's nearly a three-year high for GE as Larry Culp continues to remake that business.

When Culp was named CEO at GE, everyone went back to his time at Danaher and said, this guy loves selling off businesses. And there has certainly been some of that happening already. I think a lot of anticipation that this divestiture cycle will continue as we get through the Culp administration over there at GE. But again, the stock up about 4% today as it continues its climb back from the mid to low single digits not too long ago. $14 a share here. Another stock that we are watching this morning is Bumble, the newly IPOed dating app shares off about one half of 1%. Stock had a nice big pop on its trading debut. Brian Sozzi, a name that I know you're looking at here.

BRIAN SOZZI: Yeah, it's been interesting to follow this one, post-market debut on February 11, Myles and Julie. I mean, the stock's at $61 right now. The first trade on Bumble on IPO day was $76 here. So you're having Wall Street come out here launch coverage on the company. JPMorgan is effectively at neutral. Morgan Stanley neutral rating, BMO neutral rating. Really, Citi and Jefferies are only the ones that are stepping up here with buy ratings on Bumble ahead of the company's March 10 earnings release here.

And I'll highlight one thing that Jefferies' Brent Thill noted in his note. He's expecting Bumble to grow to 23%, three-year compound annual growth rate of 23%. Match, the main rival for Bumble, is supposed to only grow 16%. He also highlights, the Bumble app is only available in 25 markets right now. Tinder is at 196. So I think when Bumble executives, Whitney Wolfe Herd, when they have that earnings call later in the week, it's imperative for them to come and say, hey, you know what, we're still the same high growth company we were on February 11, and here's how we're going to achieve that growth.

And I think that would go a long way to getting excitement back into the stock here and maybe turning around some of this early mixed sentiment on Wall Street for it.

MYLES UDLAND: Yeah, and look, match.com, or Match company, Match Group, that stock's done quite well. I think the online dating space is something investors are excited about. But Sozzi, you mentioned that February 11 date. That was really the height of the most recent mania. And we have seen the frothiest parts of the market pull back since then. And so the stock certainly caught up in that. It'll be interesting to see how they navigate that broader sentiment environment as they find their footing here as a newly public company.