Monksdream
1 year ago
Bumble Inc NASDAQ: BMBL
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Communication Services : Interactive Media & Services | Company profile
Bumble Inc. is a holding company. It operates online dating platforms and social media platforms that offer dating features. Its platform enables people to connect and build healthy and equitable relationships on their own terms. It operates three mobile applications (app), such as Bumble app, Badoo app and Fruitz app. The Bumble app enables users to set up a profile, in which users input information about themselves, including their name, age, gender identity, sexual orientation, who they are looking for, and a photo. Its subscription offerings include Bumble Boost and Bumble Premium, which provide users with additional features. The Badoo app offers Web and mobile free-to-use dating products. It also allows profile videos on the Badoo app. Subscription offerings on Badoo app are Badoo Premium and Badoo Premium Plus. Fruitz app requires all users to select a profile fruit to symbolize their dating intention. Fruitz app's subscription offerings are Fruitz Premium and Fruitz Golden.
soldier543
4 years ago
ed25
I agree with your estimate to a point.Remember the stocks IPO was around $43 -$45 per share based on the companies earnings.When it came out on the retail market ,it shot up to over $70.Of course ,like eveybody else, I tryed to get in at the beginning around the mid $50 range, but could not.
In my opionin it might settle down to around $55 to $60 range. I could be wrong, but I will wait a little longer before I jump in.
This is only my observation.Do your own DD.