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Groupon Earnings Disappoint, Stock Down 28%

Groupon Earnings Disappoint, Stock Down 28%

By Chris Crum February 28, 2013

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3 …

Twitter Valued at $11 Billion, IPO Coming in 2014 Twitter Valued at $11 Billion, IPO Coming in 2014

Soon after Facebook filed its documents and made its intentions to go public known, people started speculating about when Twitter would take the plunge with their own offering. In a leaked email, Twitter CEO Dick Costolo said that his company …

COO Sandberg Sells Nearly a Million Facebook Shares COO Sandberg Sells Nearly a Million Facebook Shares

Facebook COO Sheryl Sandberg has just sold nearly a million shares of Facebook stock, netting her just over $26 million. According to an SEC filing, Sandberg sold 946,588 shares, which came out to be $26.2 million. The shares were sold …

Netflix Stock on the Rise Following Huge Disney Deal Netflix Stock on the Rise Following Huge Disney Deal
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Today, Netflix and the Walt Disney company made a pretty huge announcement. Starting in 2016, the company will be the exclusive streamers of the first-run of Disney’s huge theatrical catalog – meaning films from Pixar, Marvel, and Walt Disney Animation …

Google Stock Hits Record High On Monday Google Stock Hits Record High On Monday

Google shares hit an all-time high on Monday, at one point reaching $748.90, according to CNN Money. As of the time of this writing, shares are at: $748.21 (+14.22‎, 1.94%‎). The publication attributes the rise to continued search domination and …

Apple Stock Hits All Time High As iPhone 5 Launches Apple Stock Hits All Time High As iPhone 5 Launches
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Earlier this week, Apple announced that iPhone 5 pre-orders had topped 2 million in the first 24 hours. That impressive figure broke the record previously held by the iPhone 4S, which saw 1 million pre-orders in its first 24 on …

iPhone 5 Ship Time Slips to 3-4 Weeks iPhone 5 Ship Time Slips to 3-4 Weeks

If you’re still looking to pre-order the new iPhone 5, I hope you’re not still looking to pre-order the iPhone 5. At this point, you could be waiting up to a month for it to ship if you were to …

Noteworthy Videos
Apple Stock Finally Breaks $700 Barrier Apple Stock Finally Breaks $700 Barrier

Today, Apple has done something that puts the company in rarified air. In after hours trading, the company briefly broke the $700 barrier following the news that the iPhone had (unexpectedly) become the fastest-selling iPhone of all time. Apple’s share …

Apple Stock Soars as iPhone 5 Sells Out Apple Stock Soars as iPhone 5 Sells Out
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Apple stock is currently sitting at record highs, thanks to enthusiasm over their new iPhone 5, which was just unveiled earlier this week. Instead of opening up pre-orders on the day of the big media event, Apple decided to wait …

iPhone 5 Ship Time Slips to Two Weeks on Apple.com iPhone 5 Ship Time Slips to Two Weeks on Apple.com
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As expected, Apple’s brand new phone is already showing signs that it’s going to be popular. Pre-orders for the new iPhone 5 began early this morning, and if you weren’t one of the first ones to grab your new device …

Zuck Won't Be Selling FB Shares Anytime Soon Zuck Won't Be Selling FB Shares Anytime Soon

Facebook has filed an 8-K document with the SEC indicating that it will not move forward with a secondary stock offering, but will pay taxes on RSUs, and that CEO Mark Zuckerberg will not be selling any shares, at least …

Facebook Stock Flirting With Going Under $18 Facebook Stock Flirting With Going Under $18
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To say Facebook stock has struggled since their May IPO is an understatement, and the company continues to see the price fall on the heels of a report from BMO Capital. Today, Facebook stock hit a new all-time low, at …

Facebook Stock Sits Just Over Half of Initial Price Facebook Stock Sits Just Over Half of Initial Price
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For the last ten days, Facebook stock has hovered between $19.10 and $19.50 a share. In fact, the last time that it closed over $20 was exactly ten days ago, when it closed at $20.01 – up 5% from the …

Help Zuckerberg Avoid Stock Plunge with New Game Help Zuckerberg Avoid Stock Plunge with New Game
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As of the writing of this article, Facebook stock sits at $19.44 a share, which means that it is a little over half of the original opening price of $38. If you think that’s bad, it has been even worse …

Apple Is Now The Most Valuable Company Ever Apple Is Now The Most Valuable Company Ever
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The rumored iPhone 5 release date is getting closer, and as investors anticipate the device’s launch, Apple’s stock continues to soar. Now, the company has even managed to become the most valuable company in the history of companies. Apple’s market …

Facebook Stock Slides, Zuck Grills Steaks Facebook Stock Slides, Zuck Grills Steaks
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It must be a rather tense time for Zuckerberg and crew, as Facebook stock continues to plunge. Last week, the “lockup” period ended, allowing shareholders to sell their frozen shares – and the price tanked to its then-lowest point, $19.76. …

Groupon Shares Hit Their Lowest Ever Groupon Shares Hit Their Lowest Ever
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Groupon shares have reached their lowest point since the company has been public. As of the time of this writing, shares are sitting at $5.55, down 26.49%‎. The nosedive occurred, following the company’s earnings release on Monday, despite the company’s …