Bumble Shares Jump on Report It Is Exploring Sale; Advisors Said to Be Involved
Bumble Inc. (NASDAQ:BMBL) saw its share price rise about 15% after reports that the company is exploring a potential sale and is working with Morgan Stanley. Sources say the process is not certain and the company may remain independent; Blackstone, which holds roughly 22% of the company, declined to comment. The outreach occurs against a backdrop o…