NYSE:GRNDInteractive Media and Services
Grindr Faces Governance Questions As AI Subscription Test Meets Stake Sale
Grindr's majority shareholder has sold a significant stake after ending buyout talks for NYSE:GRND.
The company is facing a fiduciary investigation that focuses on board conduct and oversight.
Grindr is testing a premium AI powered subscription service at a relatively high price point.
For investors watching NYSE:GRND, this cluster of events lands on a stock that has already been under pressure. The share price sits at $10.08, with returns of 17.0% over the past 30 days, 24.3% year to date,...