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Bumble near one-year high on $1.3 billion go-private deal

By Reuters News15:26 (UTC), 13 October 2026 Updated

** Shares of Bumble BMBL.O soar 56.3% to $5.94

** Stock nears one-year high, eyes biggest one-day percentage gain

** Dating app set to go private in a $1.3 billion deal with Ithaca Holdings

** Says Ithaca co-founders Ravi Gupta and John Hegeman will become co-CEOs post the takeover
** Move comes amid falling user numbers and shifting Gen-Z dating habits that have weighed on the online dating industry

** Eleven of 12 brokerages rate the stock "hold"; their median PT is $3.20 - LSEG-compiled data

** Including session's moves, shares up more than 66% YTD

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