Bumble's initial public offering on Thursday could spark some debate among investors as the top rival to Match Group's Tinder dating site begins trading.
Bumble is composed of its namesake app, known for a female-first feature that allows women to make the first move, and Badoo, a separate dating app popular in Europe, Africa and other regions. The company is hoping to raise as much as $1.8 billion in Thursday's debut. Match Group's stock soared to an all-time high on Wednesday after the company announced a deal to buy Hyperconnect, a South Korean mobile app operator. Shares finished trading up nearly 8%.
TradingNation $MOMO is the China version of Bumble / Match -- That stock is about to skyrocket. Way undervalued compared to $MTCH $BMBL...
TradingNation bumble is terrible. A lot of the profiles are fake or inactive.
TradingNation How can a dating app be worth a billion dollars? This is insane!