Bumble Stock Rallies 49% on Report of Take-Private Talks
Bumble shares surged 49% after The Wall Street Journal reported the dating company is in advanced talks to go private in a deal valued at about $1 billion, citing people familiar with the matter.
Bumble shares surged on Monday after The Wall Street Journal reported that the online dating company was close to a take-private deal. The Journal, citing people familiar with the matter, said Bumble was in advanced talks on a transaction valuing the company at about 1 billion.