Are Computer and Technology Stocks Lagging GRINDR INC (GRND) This Year?

Group 1 - Grindr Inc. has shown a year-to-date performance increase of approximately 70.8%, significantly outperforming the average gain of 28.1% in the Computer and Technology sector [4] - The Zacks Rank for Grindr Inc. is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for Grindr's full-year earnings has risen by 12% over the past quarter, reflecting improved analyst sentiment [3] Group 2 - Grindr Inc. is part of the Internet - Software industry, which consists of 145 individual stocks and currently ranks 36 in the Zacks Industry Rank [6] - The average gain for the Internet - Software industry this year is 32.6%, indicating that Grindr is performing better than its industry peers [6] - Another notable stock in the Computer and Technology sector, Meta Platforms, has also shown strong performance with a year-to-date return of 60.8% [4][5]