Grindr Shares Fall Following Ningi Research Report-February 2024-www.financetom.com

Grindr Shares Fall Following Ningi Research Report

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Grindr Shares Fall Following Ningi Research Report

Sep 9, 2025 8:29 AM

11:02 AM EDT, 09/09/2025 (MT Newswires) -- Grindr ( GRND ) shares fell 2.4% in recent trading Tuesday after Ningi Research issued a short-seller report, claiming that management's alleged "aggressive" monetization strategy risks undermining the platform's long-term viability.

Ningi said that conversations with former executives and employees suggest that Grindr's ( GRND ) paying user numbers are exaggerated and users were "increasingly alienated," while executives have allegedly sold over $230 million in stock over the past year.

"We believe investors are exposed to significant further downside," the report said.

Grindr ( GRND ) didn't immediately reply to MT Newswires' request for comment.

Price: 15.31, Change: -0.37, Percent Change: -2.36

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