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Answer the following questions regarding Bumble stock (BMBL), a publicly traded company listed on the Nasdaq: a) When did the company go public and who
Answer the following questions regarding Bumble stock (BMBL), a publicly traded company listed on the Nasdaq: a) When did the company go public and who were the lead underwriters? (2 marks) b) What was the IPO offering price per share? (1 mark) c) What was the opening price and what was the closing price on the opening day? (2 marks) d) BMBL was able to sell 50 million shares at the IPO price. If underwriting fees amounted to 562 million, calculate the percentage spread charged by the underwriters. (2 marks) e) How much money was "left on the table" ($ amount of underpricing)? (2 mark) f) What is the 52-week and high and the 52-week low price for this stock? (1 mark) g) What is the Earning per share (EPS) for BMBL? What is the P/E (Price/earnings) ratio for BMBL? Based on the value of EPS and the P/E ratio, why would an individual want to invest in BMBL? Briefly explain. (4 marks)
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