(Reuters) – stocks of Bumble Inc, backed by Blackstone Group Inc, soared significantly more than 76% inside their currency markets debut on Thursday, fetching a $14 billion valuation for the operator for the dating application where females result in the move that is first.

The company’s shares opened at $76 regarding the Nasdaq, well above its initial general public offering (IPO) cost of $43 per share. Austin, Texas-based Bumble runs two major apps, Bumble and Badoo, which touts over 40 million month-to-month active users global. [Read more…]