Mergers & AcquisitionsMedium•13 October 2026•
1 min read

Bumble Shares Skyrocket 56.7% Following Ithaca Buyout Offer

Key Facts

1Bumble shares surged 56.7% following a $6.05 per share buyout offer from Ithaca.
2Shares of Fermi, Enerflex, and BigBear.ai also recorded gains during Tuesday's trading session.

Bumble shares surged 56.7% following a $6.05 per share buyout offer from Ithaca. Benzinga reported that the acquisition proposal triggered the massive price move, while shares of Fermi, Enerflex, and BigBear.ai also recorded gains during Tuesday's trading session.

BMBL closed at $3.8 on October 12, 2026, while BBAI closed at $2.3 on the same date. During that session, EFXT recorded a close of $24.08, and FRMI stood at $3.25 (close October 12, 2026), reflecting positive price momentum for this group of mid-cap instruments.