BUZZ-Bumble rises after Reuters reports company exploring sale

Morgan Stanley
Bumble, Inc. Class A

Morgan Stanley

MS

0.00

Bumble, Inc. Class A

BMBL

0.00

** Bumble's BMBL.O shares climb 5.1% to $2.86 after Reuters reports that the dating app is exploring a sale, citing three sources

** BMBL is working with investment bankers at Morgan Stanley on a potential sale process, the sources said

** No deal is certain and the company may decide to stay independent

** BMBL did not immediately respond to a request for comment, while Morgan Stanley and asset manager Blackstone, which owns about 22% of Bumble, declined to comment.

** Up to last close, BMBL had fallen 12.6% YTD



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