Grindr – The US dating app for the LGBTQ+ community electrifies the stock market with telemedicine and a premium subscription!
Reading Time: 3 minutes
Grindr jumps nearly 10% after Morgan Stanley upgrades to "Overweight” (target price $18). New products like the telemedicine brand "Woodwork” and the premium subscription "Edge” are expected to close the 30% monetization gap. Half of all non-traditional US relationships start through the app! Upgrade fuels shares – new products spark imagination Grindr's stock makes a strong leap after an analyst from Morgan Stanley upgraded the shares of the dating app aimed at the LGBTQ+ community. Nathan Feather raises his rating from "Equal-Weight”...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
