This Dating App Crashed 96% Since IPO, Yet Blackstone Nearly Doubled Its Money — Now the PE Giant Is Swiping Left and Cashing Out: Report
Discover how PE giant Blackstone doubled its investment and secured a massive payout just before dating app Bumble's stock crashed by 96%.
Blackstone invested money in a dating app company called Bumble, and the stock price fell a lot after. Blackstone sold its shares and made double its money before the big drop, which shows how timing matters in investing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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