--- title: "GRND Stock Has Soared 250% Since Its 2022 IPO Crash, Leaving Starbucks, Target and Ethereum Behind" type: "News" locale: "en" url: "https://longbridge.com/en/news/295528659.md" description: "Grindr (GRND) stock surged 251.62% from its 2022 IPO low of $4.65 to $16.35 in August 2026, significantly outperforming Starbucks (+14.85%), Target (+15.44%), and Ethereum (+56.53%). This turnaround was driven by resilient user monetization and subscription growth. Technical indicators show strong structural support above key moving averages, though short-term momentum is cooling with the MACD histogram turning negative." datetime: "2026-08-11T11:01:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295528659.md) - [en](https://longbridge.com/en/news/295528659.md) - [zh-HK](https://longbridge.com/zh-HK/news/295528659.md) --- # GRND Stock Has Soared 250% Since Its 2022 IPO Crash, Leaving Starbucks, Target and Ethereum Behind **Grindr Inc.** (NYSE:GRND) has staged a stunning Wall Street turnaround, soaring 251.62% from its 2022 post-IPO trough to dramatically outperform mainstream retail titans **Starbucks Corp.** (NASDAQ:SBUX) and **Target Corp.** (NYSE:TGT), as well as crypto heavyweight **Ethereum** (CRYPTO: ETH). ## A Remarkable Market Comeback After making its public trading debut in late 2022, the dating platform’s shares plunged to a low of $4.65 on Dec. 30, 2022. As noted in financial market commentary by automated trading service Autopilot, “Grindr went public in 2022, crashed, and turned into a punchline.” However, the narrative shifted rapidly as the company demonstrated resilient user monetization and subscription growth. **Read Also: Grindr Bets On AI Matchmaking, Teases New Pricing Tiers To Increase Average Revenue Per User: On Path To Become An 'AI-Native Company'** ## **Leaving Blue-Chips and Crypto in the Dust** Between Dec. 30, 2022, and Aug. 10, 2026, GRND stock surged from $4.65 to close at $16.35 per share. This 251.62% rally far exceeded the returns generated by conventional consumer stocks and major digital assets over the identical timeframe. During this period, Ethereum posted a 56.53% return, climbing from $1,199.23 to $1,876.27. Legacy consumer giants delivered significantly more modest gains, even when accounting for dividend reinvestment. Starbucks gained 14.85%, rising from an adjusted $91.12 to $104.65, while Target generated a 15.44% total return, moving from an adjusted $131.69 to $152.02. Autopilot highlighted how the stock “quietly became one of the better trades out there, climbing past Ethereum and household names,” demonstrating how high-performing assets can emerge from unexpected corners of the market. **Asset / Ticker** **Starting Price (Dec 30, 2022)** **Ending Price (Aug 10, 2026)** **Total Performance Change (%)** Grindr Inc. $4.65 $16.35 +251.62% Ethereum $1,199.23 $1,876.27 +56.46% Target Corporation $131.69\* $152.02 +15.44% Starbucks Corporation $91.12\* $104.65 +14.85% _\*Note: Stock starting prices reflect adjusted close prices accounting for total dividend payouts/reinvestments._ ## **Technical Indicators Signal Underlying Strength** From a technical perspective, GRND’s Benzinga Pro chart reflects strong structural support despite recent short-term consolidation. Trading at $16.35, the stock remains positioned comfortably above its key moving averages, including its 20-day SMA of $16.22, 50-day SMA of $14.53, and 200-day SMA of $13.22. The Relative Strength Index stands at a neutral 53.41 after pulling back from overbought territory near $18.00. Meanwhile, the MACD indicator shows momentum cooling slightly, with the histogram turning negative at -0.06 as the signal line of 0.73 crossed above the MACD line of 0.67, suggesting short-term consolidation within a broader upward trend. ## **How Has GRND Performed In 2026?** GRND shares rose 20.75% year-to-date, advanced 4.21% over the last year, and 51.95% over the last six months. It closed 1.39% lower at $16.35 per share on Monday, and it was down 1.80% in premarket trading on Tuesday. **Benzinga’s Edge Stock Rankings** indicate that GRND maintains a strong price trend in the short, long, and medium terms, with a moderate growth score. **Read Also: Short Seller Alleges Grindr Hid SEC Investigation, Inflated User Metrics As Insiders Dumped $236 Million In Shares** **_Disclaimer:_** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Photo courtesy: Tero Vesalainen / Shutterstock.com_ ### Related Stocks - [TGT.US](https://longbridge.com/en/quote/TGT.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [GRND.US](https://longbridge.com/en/quote/GRND.US.md) - [SBUX.US](https://longbridge.com/en/quote/SBUX.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [GRND+.US](https://longbridge.com/en/quote/GRND+.US.md) ## Related News & Research - [Target’s Comeback Is Real, But Its Stock May Have Run Too Far: Analyst](https://longbridge.com/en/news/295698913.md) - [TikTok Shop is driving more online sales in the US than Target and other major retailers](https://longbridge.com/en/news/295713641.md) - [Target names first chief AI officer in turnaround push](https://longbridge.com/en/news/295753691.md) - [Starbucks is ending GLP-1 coverage for weight loss as employer costs climb](https://longbridge.com/en/news/295277161.md) - [Fidelity Ethereum Fund Expands Ether Staking With Anchorage Digital, BitGo, and Revised Sponsor Terms](https://longbridge.com/en/news/295438250.md)