Investors “swiped right” on Bumble, sending its shares up as high as 80% as they made their public debut. $BMBL
Investors “swiped right” on dating-app operator Bumble Inc. Thursday, sending its shares up 80% as they made their public debut.
The company, which runs its namesake dating app as well as offshoots for finding platonic friends and networking connections, lets people swipe through profiles of potential matches and makes money when users pay for premium features, like the ability to see who’s already liked them on the app. Bumble also operates Badoo, a dating app that’s popular in Europe.
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