Bumble Stock Rockets Over 70%
After Wall Street Debut.
The company, founded by
Whitney Wolfe Herd, began trading
on the Nasdaq on Feb. 11.
Bumble set its initial public offering at $43
but opened at $76 midday Thursday.
Best known for its female-centered dating app,
Bumble also offers other services through
Bumble Bizz and Bumble BFF.
Wolfe Herd has become one of the
youngest female CEOs in tech to
take her company public at 31.
The stock's first day of success has resulted in
Wolfe Herd becoming a self-made billionaire.
The company was founded in 2014 after Wolfe Herd
left Tinder where she was vice president of marketing