GRINDR INC (GRND) Surges 10.7%: Is This an Indication of Further Gains?

Grindr Inc. (GRND) shares soared 10.7% in the last trading session to close at $13.24. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 25.6% loss over the past four weeks.Grindr is benefiting from strong user growth, AI-driven product innovation, and rising ad and subscription revenues.This company is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +140%. ...