Dating App Bumble Said to Price IPO at $43 - Bloomberg

Dating app Bumble is said to price its IPO at $43 per share, Bloomberg reported. This is above the $37-$39 per share expected range.

• Said to Sell 50 Million Shares in IPO, Versus Expected 45 Million Shares.
• Will be listing on NASDAQ under the ticker 'BMBL'
• Shares expected to start trading on Thursday, Feb 11th.
• Offering being led by Goldman Sachs, Citi, Morgan Stanley, and JP Morgan
• In Q3, Bumble had ~42 million monthly active users.
• Revenue of $376.6 million for nine months ended September 30, 2020, up from $362.6 million in the year prior.

You May Also Be Interested In

• After-Hours Stock Movers: MU, WDC, SNDK, QCOM, JPM
• SK hynix files for Nasdaq IPO under ticker symbol SKHY
• JPMorgan Starts Domino\'s Pizza Enterprises Ltd. (DOM:LN) (DPUKY) at Underweight