Grindr’s stock rockets as it begins trading under new ticker symbol
Shares of Grindr Inc.
rocketed out of the gate under their new ticker Friday, after the LGBTQ social networking platform's merger with special purpose acquisition company Tiga Acquisition Corp. was completed. The first trade on the New York Stock Exchange under the ticker symbol"GRND" after the 9:30 a.m. Eastern open was at $17.00, according to FactSet time-and-sales data, which was 46.2% above Thursday's closing price of $11.63 under the symbol"TIVN.
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