The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company's IPO in New York City, New York, U.S., February 11, 2021. REUTERS/Mike Segar
(Reuters) - Shares of Bumble Inc, backed by Blackstone Group Inc, were set for a more than 67% jump in their market debut on Thursday, indicating a valuation of over $13 billion for the operator of the dating app where women make the first move.
Bumble's shares were indicated to open at $72 on the Nasdaq, at 11:24 am ET, well above its initial public offering price of $43 per share.
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