Grindr shares jump 5% after Morgan Stanley upgrade to overweight

Seeking Alpha ·

Grindr ( GRND ) stock climbed 5.4% in Wednesday's premarket session following an upgrade from Morgan Stanley. The firm raised its rating from equal-weight to overweight, pointing to strong monetization potential and leaving the dating platform with exclusively buy-equivalent ratings.

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Bullish (Long) 42% · Bearish (Short) 58%

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