Bumble Inc (BMBL)

Bumble Inc (BMBL)

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Bumble Inc (BMBL) Profile

Online dating and social networking services are provided by Bumble Inc., which operates in North America, Europe, and abroad. It controls and manages websites and applications that provide subscription-based dating services and credit-based dating services. The company owns and operates dating apps, Bumble and Badoo, which have a combined monthly user base of about 40 million people. Bumble & Bumble Inc. is headquartered in Austin, Texas.

Full-Time Employees: 800. Latest stock price 31.14+0.39 (+1.27%)
At close: 04:00 PM EST January 20th, 2022. Market cap 5.676B USD.

Bumble Inc (BMBL.xnas) Analysis
Bumble's stock is currently trading at $33, significantly less than the $43 price intended for the company's initial public offering. Match Group's shares have plummeted 30% after reaching a 52-week high on Oct. 21 last year.

Bumble Inc (BMBL.xnas) News
When it comes to dating, there may be ‘plenty of fish in the sea,’ but Piper Sandler has started coverage on Match Group (NASDAQ:MTCH) and Bumble (NASDAQ:BMBL), slightly preferring Match because of its broader portfolio.

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