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    US stocks: Bumble shares surge 52% on reports of $1 billion privatisation talks

    The Economic Times
    October 12, 2026
    via The Economic Times

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    US stocks: Bumble shares surge 52% on reports of $1 billion privatisation talks

    Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app operator at roughly $1 billion, a source familiar with the matter told Reuters on Monday.Shares of Bumble rose around 52% to $3.86. Reuters exclusively reported earlier this year that Bumble is ex

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