ReutersFeb 12, 2021 00:15:14 IST
(Reuters) – Shares of Bumble Inc, backed by Blackstone Group Inc, were set for a near 47% jump in their market debut on Thursday, indicating a flying start for the operator of the dating app where women make the first move.
At 10:35 am ET, Bumble’s shares were indicated to open at $63, far above an initial public offering price of $43 per share, which raised $2.15 billion for the company.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Anil D’Silva)
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