Dating app Grindr drops after Ningi Research discloses short position
ReutersSep 9, 2025 2:12 PM
** Shares of dating application Grindr GRND.N falls 4.2% to $15.02 in early trading
** Ningi Research discloses short position in Grindr and says co's strategy boosts short-term revenue, but undermines platform's long-term sustainability
** "We believe Grindr's paying user numbers are inflated, its product is deteriorating, its user base is increasingly alienated, and its long-term prospects are deeply compromised," Ningi says
** Upto last close, shares down about 12% YTD
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