Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Bumble Inc. (BMBL)
20.7 million shares of Class A common stock were sold in the SPO at $54 per share.
- 20.7 million shares of Class A common stock were sold in the SPO at $54 per share.
- On this news, Bumbles share price fell $9.19, or 19.2%, to close at $38.56 per share on November 11, 2021, injuring investors.
- By January 25, 2022, Bumble shares have traded below $27 per share, less than half of the original SPO price.
- To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.