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Bumble Starts Trading After Its $2.15 Billion IPO. Should You Buy?

The dating app was valued at $8.2 billion at its IPO price, but shares have popped on the first day. Here’s what you should ask yourself before putting your money in.

Bumble Inc. has started trading at a time when the market is at fever pitch.

Less than a couple of weeks ago, the mania over GameStop Corp. and other “meme” stocks such as AMC Entertainment Holdings Inc. riveted the world. A horde of traders congregating on Reddit’s WallStreetBets forum drove up share prices, which later tumbled just as dramatically. That rollercoaster followed a banner year for the stock market as a whole, and initial public offerings in particular.