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Why Investors Were Eagerly Hooking Up With Grindr Stock Today

The company should continue to grow robustly, according to its guidance.On Friday, specialized dating site operator Grindr (GRND +11.04%) proved to be quite the match for bullish investors. Its share price leaped skyward by 11%, due almost entirely to a handsome-looking quarterly earnings report. This rise trounced the slight (0.1%) increase of the S&P 500 index that trading session.Grinding out some meaningful growthGrindr, which runs arguably the best-known dating website targeting a gay audience, posted ...