Feminist dating app Bumble takes Wall Street by storm

Washington (AFP) – US dating app Bumble, where women make the first move, won Wall Street’s heart as it went public Friday, with markets valuing the company at $13 billion.  Bumble offered 50 million shares at a price of $43 each, allowing it to raise more than $2 billion. The New York Stock Exchange welcomed its new arrival, listed as “BMBL,” with open arms: its shares shot up by 63.51 percent to $70.31 dollars in its first trading session, given the company a market capitalization of $13 billion. Dating apps have been hugely successful since the pandemic began and singles found themselves wi…

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