Grindr Stock Falls Off a Cliff

Text on the meme

$GRND Grindr stock falling off a cliff as homosexuality continues to decline this week Market Summary > Grindr Inc 14.84 USD -4.27 (-22.34%) ↓ past 5 days Mar 7, 10:30 AM EST • Disclaimer 1D 5D 1M 6M YTD 1Y 5Y Max 20 18 16 14 Mar 4 Mar 5 Mar 6 Mar 7 Open 15.44 Mkt cap 2.68B 52-wk high 19.20 High 15.44 P/E ratio - 52-wk low 8.95 Low 14.83 Div yield - 15:31 · 07 Mar 25 · 10.5M Views

What it means

A parody social-media post claims that Grindr’s stock is plunging because homosexuality is declining, alongside a falling five-day stock chart for Grindr Inc. The joke falsely treats a company’s market performance as evidence of changing sexual orientation rates, making it useful as an absurd reaction to a dramatic decline or misleading correlation. EN: A parody social-media post claims that Grindr’s stock is plunging because homosexuality is declining, alongside a falling five-day stock chart for Grindr Inc. The joke falsely treats a company’s market performance as evidence of changing sexual orientation rates, making it useful as an absurd reaction to a dramatic decline or misleading correlation.

Objects

social media post / публикация в соцсети stock market chart / биржевой график falling line graph / падающий линейный график stock price / цена акции smartphone screenshot / скриншот смартфона black background / чёрный фон white chart panel / белая панель графика blue ticker symbol / синий биржевой тикер red percentage loss / красное процентное падение profile avatar / аватар профиля follow button / кнопка подписки market summary / сводка рынка time-series graph / график временного ряда views counter / счётчик просмотров