Grindr Inc. (GRND) shares soared 9.1% in the last trading session to close at 12.92.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestock′s0.112.92. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.1% gain over the past four weeks. Grindr Inc. is benefiting from a 34% year-over-year revenue growth in the second quarter of 2024, driven by enhanced premium features, increased user engagement, and strong advertising performance. This company is expected to post quarterly earnings of 12.92.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestock′s0.10.07 per ...
Grindr (GRND) ZACKS·2024-10-09 14:29
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