Match Group, Inc. (NasdaqGS:MTCH) is interested in buying the dating application, Bumble Trading Inc., CNBC reported citing unidentified sources. Its majority owner Badoo Trading Limited is seeking a sale that could value the company at about $1.5 billion, CNBC added. Badoo has hired JP Morgan Chase to help it find a buyer, those sources told CNBC.
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5-day change | 1st Jan Change | ||
9.42 USD | -6.18% | +1.29% | -36.09% |
Jul. 15 | Citigroup Adjusts Price Target on Bumble to $12 From $14, Maintains Buy Rating | MT |
Jul. 10 | Match Group, Bumble May Cut 2024 Revenue Forecasts as Online Dating Slows, Morgan Stanley Says | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-36.09% | 1.19B | |
-11.61% | 26.06B | |
+63.93% | 23.37B | |
-2.60% | 9.44B | |
-27.49% | 1.93B | |
+48.68% | 1.1B | |
-3.68% | 607M | |
-16.50% | 404M | |
+16.20% | 404M | |
-.--% | 204M |
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- Match Group To Reportedly Acquire Bumble