All three major indices remain in the red midday Thursday, after trimming earlier losses which saw the Dow Jones down more than 600 points at session lows. The major averages lost more than 2% this week as U.S.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
The three major indices were mostly flat in midday trading Wednesday with the S&P 500 and Nasdaq slightly under the flatline and the Dow Jones up 39 points.
Application software companies were among the tech names that saw a spike in retail following, with the increasing interest fueled by catalytic events.
JPMorgan downgrades Match Group from Overweight to Neutral, lowers target to $33. Reflects muted growth, limited Tinder turnaround, undemanding valuation, dividends and buybacks.
Goldman Sachs analyst initiated coverage on Grindr with a Buy rating and $20 price target. Grindr has a large and growing addressable market and favorable growth opportunities in the online dating industry.
Leading online dating platforms like Tinder, Hinge, Bumble, and Grindr are incorporating AI-powered tools to enhance user experience by generating conversation starters, building profiles, and providing interaction feedback.
Grindr shares are trading higher Wednesday after the company raised its full-year revenue guidance ahead of its first investor day. Here's a look at what to know:
