All Posts Tagged Tag: ‘groupon stock’

Groupon Stock Rises On Andrew Mason Departure

As you may know, Groupon fired its CEO on Thursday, a day after another disappointing earnings release, which sent stock tumbling. Since the news broke, the stock has taken a turn for the better. In after hours trading on Thursday, the shares rose as high as 12% from the $4.53 closing price. Things have calmed down a bit in pre-market …

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Groupon Gets an Upgrade by Morgan Stanley Analyst from Equal Weight to Overweight

Groupon shares are on the rise this morning as after Morgan Stanley analyst, Scott Devitt, raised the company’s status from Equal Weight to Overweight. Despite closing just above $10 per share on Friday, early morning trading reached as high as $11.07, and Groupon is currently trading for $10.75 per share. Scott Devitt, analyst for Morgan Stanley comments on Groupon’s performance: …

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Groupon Stock Spike; Something’s Fishy?

Something looks fishy to regulators over on Wall Street. Groupon shares jumped an incredible 18.5% Monday from their close on Friday. Coincidently, Groupon announced their first profit ever in their first quarter earnings report for 2012, just after the stock market closed that evening. More than 16 million Groupon shares changed hands that day. Now the Financial Industry Regulatory Authority …

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Groupon’s Q1 2012 Results Might be Misleading

Groupon’s shareholders must have been rejoicing over the company’s most recent earnings report even though stock hasn’t quite made it back up to the IPO pricing. In fact, it is the first quarter Groupon’s statement has even reflected a profit. Unfortunately, like many things, there’s more to the story than meets the eye. The crew over at Business Insider have …

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Groupon Finally Earns a Profit, Stock Shoots Up 18%

Groupon has shocked Wall Street with their first ever profitable quarter. Their first quarter 2012 financial report is in and things are looking really good. Revenue has increased almost 90% and they brought in $559.3 million as compared to only $295.5 million at the same time in 2011. Gross billing for the quarter reached $1.35 billion which is a 103% …

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