DR Horton and Grindr rise; Getty Images and Discover Financial fall, Tuesday, 8/15/2023

abcnews.go.com:

Stocks that traded heavily or had substantial price changes Tuesday: D

N EW YORK — Stocks that traded heavily or had substantial price changes on Tuesday:

Grindr Inc. (GRND), up 40 cents to $5.09.

The LGBTQ+ community social media platform reported a profit and raised its full-year revenue guidance.

Arena Group Holdings Inc. (AREN), up 43 cents to $3.81.

The media publisher signed a letter of intent with Simplify Inventions to acquire certain assets of subsidiary Bridge Media Networks.

Navitas Semiconductor Co., (NVTS), up 40 cents to $9.01.

The chipmaker beat analyst revenue forecasts and posted a smaller loss than expected.

Getty Images Holdings Inc. (GETY), down 30 cents to $4.25.

The media image company missed Wall Street's second-quarter sales and profit targets.

Discover Financial Services Inc. (DFS), down $9.69 to $92.96.

The digital banking company announced that CEO Roger Hochschild is stepping down.

Rumble Inc. (RUM), down $1.15 to $7.09.

The online video platform posted a much wider loss than analysts were expecting.

Sea Ltd. (SE), down $16.32 to $40.58.

The digital entertainment platform and owner of Shopee missed Wall Street's sales targets.

DR Horton (DHI), up $3.56 to $126.84.

Warren Buffett’s Berkshire Hathaway bought more than $700 million worth the homebuilder's stock this spring.

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