Shares of Grindr Inc (GRND) tumbled 8.79% in pre-market trading on Friday, as investors reacted negatively to the company's first-quarter revenue results. The LGBTQ+ dating app operator's stock price decline comes after the company reported lower-than-expected revenue for Q1 2025.

While specific details of Grindr's Q1 financial performance were not immediately available, the significant stock price drop suggests that the revenue miss may have been substantial. Investors often view revenue misses as indicators of potential growth challenges or market share losses in the competitive online dating industry.

The pre-market plunge in Grindr's stock price highlights the sensitivity of tech and app-based companies to financial performance metrics. As the market opens, it remains to be seen whether Grindr will provide additional context for its Q1 results or if analysts will adjust their outlook for the company based on this revenue shortfall. Investors will likely be watching closely for any further updates or guidance from Grindr's management regarding the company's growth strategy and financial projections for the rest of the fiscal year.