Page 47 - Bumble Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

* PayPal extends rise as brokerages upbeat after investor day (Adds 4 p.m. close)

Getting set to make a grand entrance into the stock market, Austin-based dating app maker Bumble on Wednesday evening set the trading price for what it expects to be a $2.2 billion initial public offering of stock on Thursday.  Bumble expects to sell 50 million shares of its  Class A common stock at $43 per share, the company said in a filing with the U.S. Securities and Exchange Commission. The shares are expected to begin trading on the Nasdaq exchange Thursday using the symbol “BMBL”  The underwriters for the offering also have a 30-day option to purchase up to 7.5 million shares...

Bumble Inc., the dating app where only women can make the first move, has raised US$2.15 billion in an initial public offering, expanding the size of the listing and pricing the shares above a marketed range.

Shares of Bumble Inc, backed by Blackstone Group Inc, soared more than 76% in their stock market debut on Thursday, fetching a $14 billion valuation for the operator of the dating app where women make the first move.

Bumble Inc (NASDAQ: BMBL) made its public debut Thursday morning, opening at $76 after being priced at $43 per share. The company listed its shares on ...