Bumble Shares Jump 49.6% to $3.80
Photo: TokenPost
Bumble shares jumped 49.61% Monday to close at $3.80, up from $2.54 on Friday. The stock closed at $3.80 at about 4 p.m. ET (20:00 UTC), up from $2.54 at Friday’s close. It traded between $2.50 and $3.97 during the session. Bumble’s daily 14-period relative strength index, a measure of recent price momentum, rose to 79.46 from 38.63 in the prior session. Readings above 70 are commonly viewed as indicating overbought conditions. Bumble listed on Nasdaq in 2021. The company’s latest listed filing was dated Oct. 6, and no Oct. 12 filing announcing a transaction was listed.
Source: TokenPost
