Page 48 - Bumble Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

At $43 shares a piece, market valuation of Bumble is $8.2 billion based on outstanding Class A shares listed in its IPO filings.

Bumble’s shares were indicated to open at $72 on the Nasdaq, at 11:24 am ET, well above its initial public offering price of $43 per share

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.

In its revised IPO proposition submitted to the SEC, Bumble is planning to sell nearly 45 million equity shares for $37-$39 per share.

(Bloomberg) -- Bumble Inc., the dating app where women make the first move, is targeting to raise as much as $1.8 billion from its U.S. initial public offering after boosting the size of the deal.The company plans to sell 45 million shares for $37 to $39 apiece, it said in a filing Monday with the U.S. Securities and Exchange Commission. Bumble previously indicated it would look to sell 34.5 million shares at $28 to $30.At the top of the new range, the IPO would value Bumble at about $8 billion, based on the outstanding Class A shares detailed in its listing document. Private equity firm the B...