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Search resuls for: "Grindr Inc"


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JPMorgan upgrades Okta to overweight from neutral JPMorgan says the identity access management company is well positioned. " JPMorgan upgrades NetApp to overweight from equal weight JPMorgan said it sees IT budgets improving for the data infrastructure company. JPMorgan upgrades Teradyne to overweight from neutral JPMorgan said in its upgrade of the test equipment designer that Teradyne has upside. JPMorgan reiterates Apple as overweight JPMorgan said it is sticking with the stock heading into 2025. JPMorgan upgrades CBRE to overweight from neutral The firm said it sees improving growth for the commercial real estate company.
Persons: Jefferies, Ford, Wedbush, Tesla, Wolfe, Trimble, TRMB, Bernstein, Goldman Sachs, Morgan Stanley, FANG, Oppenheimer, JPMorgan, upsides, McDonald's, NVDA Blackwell, Gordon, Macy, Edwards Organizations: Trump White House, Nvidia, Broadcom, Grindr Inc, Exxon Mobil, Netflix, JPMorgan, UBS, Keysight Technologies, TAM, Dell, Seagate, Apple, DELL, Jefferies, Microsoft, Myers Squibb, Bank of America, " Bank of America, of America, IBM, CSG Locations: Bristol, 4Q24, CY25
Here are Tuesday's biggest calls on Wall Street: Oppenheimer reiterates Nvidia as outperform Oppenheimer said it's sticking with its outperform rating on shares of Nvidia. Citi reiterates Eli Lilly as buy Citi said the biopharma company is "riding the GLP-1 rocket." Citi downgrades Clorox to neutral from buy Citi said that the bullish thesis for the stock has largely played out for now. Citi upgrades Estee Lauder to buy from neutral Citi said it sees a "topline inflection point" for the stock. Barclays upgrades Array Technologies to overweight from equal weight Barclays said it sees share gains for the solar company.
Persons: Oppenheimer, McCormick, Argus, Needham, it's, Nelson Peltz, Melius, Horton, Citi, Eli Lilly, Estee Lauder, ARRY, JMP, Piper Sandler, Piper, Nio, CFRA, Goldman Sachs, Goldman, Blackstone, Petco Organizations: Nvidia, JPMorgan, Disney, Boeing, Citi, Coca, MTH, RBC, GE Vernova, General Electric, Bank of America, Meta, Travel, Barclays, Eaton, MI, Olema Pharmaceuticals, UBS, Bank of, of America Locations: underperform, LEN, DHI, Asia, Eaton, 4Q23
The company will list on the New York Stock Exchange under a new name, Grindr Inc.Vanna Krantz, Grindr CFO. Ms. Krantz said she plans to review subscription prices, which currently start at $19.99 a month for paid accounts. Once the company is public, Ms. Krantz will be responsible for further building out Grindr’s finance function. Ms. Krantz said she would focus on further improvement when it comes to forecasting. The year-over-year loss was largely driven by one-time costs associated with going public, such as legal, consulting and audit fees, Ms. Krantz said.
When Joel Simkhai left Grindr five years ago, he had a lot of time to think. Simkhai, a gay man and tech entrepreneur, helped launch the groundbreaking gay hookup and dating app in 2009. As recently as this year, the average daily time spent on Grindr per user was about an hour, according to The Guardian. The results of an online survey of nearly 100 Grindr users published in 2017 in the peer-reviewed journal Behavioral Medicine showed obese users reported significantly greater feelings of body dissatisfaction. But racist, discriminatory and exclusionist tropes — or euphemisms for them — continue to pervade a number of LGBTQ hookup and dating apps.
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