Bumble Exploring Sale with Morgan Stanley Amid Slowing Growth
Bumble is working Morgan Stanly to explore a sale amid slowing growth in the online dating sector, Milana Vinn of Reuters reports, citing three people familiar with the matter. The sources added that no deal is certain and the company may decide to stay independent, says Vinn. Shares of Bumble are up 9% to $2.97 following the report.