Dating app Grindr drops after Ningi Research discloses short position

Grindr

09/09/2025 15:12

** 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

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))