New Delhi, March 12 -- Shares of Bumble Inc, an online dating company, came under the bulls' radar in Thursday's trading session, as they spiked sharply in reaction to the company's upbeat fourth-quarter performance.
The shares opened on 12 March with a huge gap-up at $3.67 apiece and maintained the momentum to reach the day's high of $4.25, a 50% surge from Wednesday's close of $2.84. Today's intraday jump was also the biggest the stock has seen in recent times and pushed it to trade at the highest level since November 2025.
The sharp gains came after months of underperformance, which had eroded millions of dollars in investor wealth as growth in the online dating market slowed amid stiff competition.
Bumble on Wednesday posted fourth...
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