Update: Market Chatter: Bumble Shares Rise as Dating App Holds Talks to Go Private at $1 Billion Valuation

03:19 PM EDT, 10/12/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Bumble (BMBL) shares rose 50% on Monday after The Wall Street Journal reported, citing people familiar with the matter, that Ithaca Holdings was in advanced talks to take the dating app private in a deal valuing it at about $1 billion. Bumble's founder, Whitney Wolfe Herd, is expected to roll at least part of her stake in the company as part of the deal and remain involved in operations, the report said. A deal could come as soon as this week, the report said. Bumble didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 3.78, Change: +1.24, Percent Change: +48.62