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.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
10:00 - 18:30
Mon
10:00 - 18:30
Tue
10:00 - 18:30
Wed
10:00 - 18:30
Thu
10:00 - 18:30
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 16992

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