Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="2307576" type="COMPANY" weightage="60" keywordseo="bumble">Bumble</keyword> climbed as much as 8.8% on Friday, extending the post-IPO pop that began the session prior.</li><li>The dating app raised $2.2 billion in a Wednesday <keyword id="6354763" type="UNKNOWN" weightage="60" keywordseo="ipo">IPO</keyword> selling 50 million shares for $43 each.</li><li>Strong demand for the offering led shares to spike 64% into Thursday's close.</li><li><a href="https://markets.businessinsider.com/stocks/bmbl-stock">Watch Bumble trade live here</a>.</li></ul><a href="https://markets.businessinsider.com/stocks/bmbl-stock">Bumble</a> rose as much as 8.8% on Friday, extending gains after its massive post-IPO rally.The dating app <a href="https://markets.businessinsider.com/news/stocks/bumble-stock-price-ipo-market-debut-dating-app-offering-bmbl-2021-2-1030074160">made its trading debut</a> Thursday afternoon and quickly surged as investors rushed to the offering. <keyword id="10747318" type="UNKNOWN" weightage="60" keywordseo="bumble-stock">Bumble stock</keyword> gained as much as 85% at intraday highs and closed roughly 64% above the offering price of $43 a share.The company raised $2.2 billion on Wednesday with its 50-million-share offering. Bumble's offering price was upsized twice since filing for its IPO in January: once from its initial range of $28 to $30 a share, and again to $37 to $39 a share.Bumble now trades on the Nasdaq with the ticker "<keyword id="4878521" type="PERSON" weightage="60" keywordseo="bmbl">BMBL</keyword>." It closed with a market cap of roughly $7.7 billion on Thursday.Read more: <a href="https://www.businessinsider.com/stock-market-correction-peter-kraus-interview-outlook-spacs-bitcoin-gamestop-2021-2">Wall Street veteran Peter Kraus breaks down why investors should expect about a 10% to 15% market correction ahead - and shares his thoughts on the GameStop drama, SPAC mania, and bitcoin craze.</a>The company reported having about 42 million monthly active users across its <keyword id="1557997" type="PERSON" weightage="60" keywordseo="dating-apps">dating apps</keyword> as of September 30. About 2.4 million of those users paid for premium features such as Bumble Boost or Bumble Premium, according to a regulatory filing. Apart from the app of the same name, Bumble also owns Badoo, another location-based social discovery app.CEO Whitney Wolfe Herd told <a href="https://www.cnbc.com/2021/02/11/bumble-ipo-bmbl-starts-trading-on-nasdaq.html">CNBC</a> on Thursday that Bumble aims to convert more of its users to paying subscribers through investments in monetization features and new products. Wolfe Herd made history on Thursday by becoming the youngest female founder to take an American company public.The market debut also brings a new option for investors looking to bet on online dating. Match Group - which owns Tinder, Hinge, Match, and other services - was previously the only major dating service to trade publicly. Match closed Thursday with a market cap of $45.8 billion.Bumble closed at $70.31 on Thursday.Read more: <a href="https://www.businessinsider.com/stock-picks-small-cap-mid-cap-smid-ideas-jp-morgan-2021-2">JP Morgan says 2021 is a 'stockpickers' paradise with big money-making opportunities' - Here's the firm's 22 'highest conviction' small-cap investment ideas</a><a href="https://markets.businessinsider.com/stocks/bmbl-stock"><div type="image" title="BMBL" height="1182" width="1414" msid="80883293" hostid="261"></div></a>

Bumble climbs 9% following its 64% post-IPO rally

<ul><li><keyword id="2307576" type="COMPANY" weightage="60" keywordseo="bumble">Bumble</keyword> surged as much as 85% on Thursday as the <keyword id="1095218" type="PERSON" weightage="60" keywordseo="Dating-app">dating app</keyword>'s stock made its public-market debut.</li><li>The company raised $2.2 billion in a Wednesday IPO, offering 50 million shares for $43 each.</li><li>Bumble's user count soared to 42 million in the September quarter, up 22% from the year-ago period.</li><li><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell?utm_source=markets&amp;utm_medium=ingestgest">Sign up here for our daily newsletter, 10 Things Before the Opening Bell</a>.</li></ul>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 <a href="https://www.businessinsider.com/blackstone-backed-dating-app-bumble-raises-22-billion-in-us-ipo-2021-2">raised $2.2 billion</a> 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.Shares were originally set to be sold between $28 and $30 before the company lifted the range to $37 to $39. The original offering plans also saw Bumble offering 34.5 million shares.Shares trade with the ticker "<keyword id="4878521" type="PERSON" weightage="60" keywordseo="bmbl">BMBL</keyword>" on the Nasdaq.The pandemic and related lockdown measures contributed to strong user growth over the past calendar year. Bumble reported having 42 million monthly active users at the end of September, up 22% from the year prior. Roughly 2.4 million were paying members of its dating service.The company expects to bring in as much as $541.5 million in revenue from January 2020 to December 2020, an 11% increase from the year-ago period, according to regulatory filings. Sales for the nine-month period that ended September 30 totaled roughly $417 million.Goldman Sachs and Citigroup were the IPOs lead underwriters.Bumble traded at $71.89 per share as of 1:07 p.m. ET Thursday.Read more: <a href="https://www.businessinsider.com/stock-picks-to-buy-pandemic-social-distancing-leisure-spending-bofa-2021-2" target="_blank" rel="noopener">Bank of America shares 9 stocks to buy as the pandemic prompts consumers to shift their spending habits towards 'solitary leisure' activities like golf and biking</a>

Bumble spikes 85% in trading debut after $2.2 billion IPO

<ul class="summary-list"><li><keyword id="1095218" type="PERSON" weightage="60" keywordseo="Dating-app">Dating app</keyword> <keyword id="2307576" type="COMPANY" weightage="60" keywordseo="bumble">Bumble</keyword> increased its <keyword id="6354763" type="UNKNOWN" weightage="60" keywordseo="ipo">IPO</keyword> size to $1.8 billion on Monday, according to a regulatory filing.</li><li>The company will now offer 45 million shares priced at between $37 to $39 per share.</li><li>The upsized offering means Bumble is targeting a valuation of more than $7 billion when it goes public. </li></ul>Bumble raised the size of its <keyword id="6357440" type="DEFINITION" weightage="60" keywordseo="Stock-Market">stock market</keyword> offering from 34.5 million shares to 45 million shares, according to an <a href="https://www.sec.gov/Archives/edgar/data/1830043/000119312521031442/d20761ds1a.htm">updated S-1 filing</a> on Monday.Its upsized offering means Bumble is now looking to raise $1.8 billion via its market debut, and targeting a valuation of $7 billion.Priced at between $37 to $39 per share, the company said it plans to list its shares on the NASDAQ under the ticker symbol "BMBL." The IPO was previously priced at between $28 to $30 per share.According to the filing, Bumble has 42 million monthly average users and 2.4 million paying users.Read More: <a href="https://www.businessinsider.com/ipo-boom-bubble-investing-strategy-picks-risks-etf-renaissance-capital-2021-2" target="_blank" rel="noopener noreferrer">Wall Street's resident IPO expert shares the strategy behind her ETF that returned 107% last year - plus 3 risks to the current IPO boom and 5 offerings to watch this year</a>The 7-year-old dating company <a href="https://www.businessinsider.com/bumble-files-to-go-public-ipo-2021-1">publicly filed</a> for an initial public offering with the Securities and Exchange Commission last month. It is distinctively known for allowing women to make the first move within 24 hours of a match.Goldman Sachs, Citigroup, Morgan Stanley, JPMorgan, Jefferies, RBC Capital, and Evercore ISI are the underwriters on the IPO. A growing list of startups plan on going public in 2021, including <a href="https://markets.businessinsider.com/news/stocks/affirm-and-poshmark-hope-to-keep-the-ipo-boom-going-in-2021-9672295">Poshmark, Affirm</a>, and <a href="https://markets.businessinsider.com/news/stocks/robinhood-ipo-forge-ahead-gamestop-stock-fury-traders-retail-investors-2021-2-1030035002">Robinhood</a>.Read More: <a href="https://www.businessinsider.com/stock-market-analysis-key-changes-market-dynamics-reflation-goldman-sachs-2021-2" target="_blank" rel="noopener noreferrer">Goldman Sachs says the reflation trade is on and these 5 market dynamics that could 'shift materially' as price pressures build</a>

Dating app Bumble raises the size of its IPO offering to 45 million shares, now expects to raise $1.8 billion

You Searched For "bmbl stock" and got 3 results

Bumble climbs 9% following its 64% post-IPO rally

Ben Winck

Bumble spikes 85% in trading debut after $2.2 billion IPO

Ben Winck

Dating app Bumble raises the size of its IPO offering to 45 million shares, now expects to raise $1.8 billion

Shalini Nagarajan

Popular Keywords

Buying Guides