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.
Benzinga ·