It has not been the most successful debut so far. Since listing shares in Bumble have fallen 61% to $29.08 at the time of writing.
However, for those who think the share price offers value to investors:
Bumble is a Texas-based online dating and social networking platform. Bumble offers two main dating services: Badoo and Bumble. These services cumulatively have more than 40 million monthly active users. Founded in 2014 by Whitney Wolfe and recently listed on NASDAQ, Bumble is known for only allowing female users to make the first contact for straight relationships.
It has not been the most successful debut so far. Since listing shares in Bumble have fallen 61% to $29.08 at the time of writing.
However, for those who think the share price offers value to investors:
It's listed on the NASDAQ on February 11.
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