Bumble is officially public on the NASDAQ as of Feb. 11. The dating app sold 50,000 shares at $43 per piece in its initial offering, raising $2.2 billion.
The labor market continues to struggle with first-time unemployment claims falling to 793,000. Continuing claims fell to 4.54 million compared to the previous week.
Kraft Heinz, maker of Mr. Peanut, sold its nuts business to Spam producer Hormel Foods for nearly $3.4 billion in cash. In the new deal, Hormel will own the majority of products sold under the Planters brand.