Bumble (BMBL) Announces 12.5M Share Secondary Offering

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Bumble (BMBL) sinks 7% following stock offering by holders

March 2, 2023 5:40 PM EST

Bumble (NASDAQ: BMBL) shares fall 7% after-hours Thursday after certain stockholders affiliated with Blackstone Inc., and its founder Whitney Wolfe Herd, have started an underwritten public offering of 12.5 million shares of the company's Class A common stock.

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