BUMBLE NEARS $1 BILLION GO-PRIVATE DEAL

Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app near $1 billion, Bloomberg and the Wall Street Journal reported Monday. Shares of $BMBL surged 52% to $3.80, the stock's sharpest one-day move since its debut. That 2021 debut valued Bumble at $14 billion on its first trading day. The proposed buyout now sits more than 90% below that peak.