Short Seller Alleges Grindr Hid SEC Investigation, Inflated User Metrics As Insiders Dumped $236 Million In Shares - Grindr (NYSE:GRND)

Short Seller Alleges Grindr Hid SEC Investigation, Inflated User Metrics As Insiders Dumped $236 Million In Shares - Grindr (NYSE:GRND)

Short-selling firm Ningi Research has taken a short position on Grindr Inc. (NYSE:GRND), alleging the company is misleading investors with inflated metrics, hiding an SEC investigation, and suffering from a rapidly deteriorating product while insiders sell off hundreds of millions in stock. Check out GRND stock price here. Ningi Alleges GRND Of Inflating User Metrics The report claims management’s aggressive monetization tactics have created a “…

Short Seller Alleges Grindr Hid SEC Investigation, Inflated User Metrics As Insiders Dumped $236 Million In Shares

Short-selling firm Ningi Research has taken a short position on Grindr Inc. (NYSE:GRND), alleging the company is misleading investors with inflated metrics, hiding an SEC investigation, and suffering from a rapidly deteriorating product while insiders sell off hundreds of millions in stock. Check…