Dating app Bumble surged as much as 85% on Thursday as shares publicly traded hands for the first time following the company’s initial public …
Dating app Bumble surged as much as 85% on Thursday as shares publicly traded hands for the first time following the company’s initial public offering. Bumble raised $2.2 billion in its Wednesday IPO before accounting for a possible over-allotment option. The company sold 5o million shares at $43 each, giving Bumble a market capitalization of more than $8 billion.
