Bumble stock closes up 63% after soaring in market debut
Publishing timestamp: 2021-02-11 17:36:53
Summary
Bumble, the dating app company, went public with its stock trading up nearly 77%. It competes against Match Group and has a freemium model for revenue. The company is focusing on converting more users to paid customers.
Sentiment: NEUTRAL
Tickers: REAL, SFIX, MTCH, BMBL?QSEARCHTERM=,
Keywords: business news, markets, technology, breaking news: technology, social media, online dating, stitch fix inc, ipo, dating, bumble inc, match group inc, realreal inc,
Source: https://www.cnbc.com/2021/02/11/bumble-ipo-bmbl-starts-trading-on-nasdaq.html