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 companys IPO in New York City, New York, U.S., February 11, 2021. Shares of Bumble fell sharply Thursday, dipping below its initial public offering price of $43.
Can I buy Bumble IPO?
Now, BMBL stock is a tricky case because its an IPO. Bumble has priced its shares at $43, which is above the prior estimated range between $37 to $39. Assuming a $43 price tag, if you wish to purchase $1,000 of BMBL stock, you will be able to acquire 23 whole shares ($1,000 / $43 = 23.26).
What will Bumble be worth?
Bumble, backed by Blackstone Group Inc, was valued at $15.69 billion on Friday, with its stock price nearly doubling from the initial public offering price of $43 per share, underscoring investors insatiable appetite for tech shares in a buoyant U.S. equities market.
How do I participate in Bumble IPO?
To participate in Bumble IPO you need to use an IPO investing app like Freedom Finance (NASDAQ: FRHC), TD Ameritrade or Fidelity. They give its customers access to IPOs and secondary offerings through their existing brokerage account.
Is BMBL overpriced?
I believe that Bumble is highly overpriced like most of the tech stocks right now .About BMBL.SymbolLast Price% ChgBMBL49.46-0.22%6 May 2021
What IPO should I buy next?
Here are the upcoming IPOs which might hit the primary market in 2021:- Sansera Engineering Ltd. IPO.- AMI Organics Ltd. IPO.- Arohan Financial Services Ltd. IPO.- Vijaya Diagnostic Center Ltd. IPO.- MobiKwik IPO.- Adani Wilmar.- Paras Defence and Space Technologies Limited.- Seven Islands Shipping IPO.More items
Is BMBL a good buy?
Out of 14 analysts, 5 (35.71%) are recommending BMBL as a Strong Buy, 2 (14.29%) are recommending BMBL as a Buy, 7 (50%) are recommending BMBL as a Hold, 0 (0%) are recommending BMBL as a Sell, and 0 (0%) are recommending BMBL as a Strong Sell. What is BMBLs earnings growth forecast for 2021-2023?