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Bumble shares close up 63.5% after stock market debut

FILE – Pedestrians pass the New York Stock Exchange, Wednesday, Jan. 27, 2021, in New York. (AP Photo/John Minchillo, File)

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UPDATED 10:22 AM PT – Friday, February 12, 2026

The company behind dating app Bumble makes waves during its Wall Street debut. The company’s Thursday IPO soared from it’s initial $43 per share to just over $70 resulting in a total valuation of about $13 billion.

The company raked in $376 million in revenue in the first nine months of 2020. Founder and CEO Whitney Wolfe Herd said Bumble helped bring people together during a time where the world felt very apart.

“The world has undergone one of its most difficult and isolating times in modern history, but what has emerged from this year is a renewed sense of the importance of our relationships universally across cultures, ages and languages,” stated Wolfe Herd. “We were not made to be alone.”

Bumble carved out a niche in an over-saturated dating app scene by only allowing female users to initiate a conversation after matching with a partner.

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