
Bumble (BMBL) Shares Soar 63% on Their First Trading Day on Nasdaq
The boost the shares of Bumble (BMBL) received on their public debut day comes amid the company’s plans to take the business globally.
The boost the shares of Bumble (BMBL) received on their public debut day comes amid the company’s plans to take the business globally.
In its revised proposition submitted to the SEC, Bumble is planning to sell nearly 45 million equity shares for $37-$39 per share. The dating app is used in 150 countries worldwide with 42 million monthly active users.
Another source reveals that Bumble filed for an offering with a size of up to $100 million. However, it is said that this could be a placeholder.