Closing Bell: Bumble Soars, Microsoft Gains, Six Flags Drops | Stock Movers
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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Tim Stenovec, Carol Massar - Bumble (BMBL) shares soar on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public. - Microsoft (MSFT) shares are on pace to close at their first record in nearly a year as the software maker’s four-month rally gains momentum. The stock has gained more than 50% from a June low, adding roughly $1.5 trillion in market value, as sentiment toward the company and its position in artificial intelligence continues to improve. Of the 72 analysts tracked by Bloomberg that cover Micros
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