Dating App Bumble Shares Close 63% Higher After IPO, With Founder Becoming ‘Youngest Female CEO To Take A Large U.S. Company Public’

Bumble, which owns the dating app of the same name, began trading today, with shares closing at $70.31, 63% higher than their Initial Public Offering (IPO) price of $43 per share.

Opening at $76, the share price rose more than 80% in just the first minutes of trading. According to Yahoo! Finance, Bumble sold 50 million shares, raising $2.15 billion.