Streetbeat News

GRPN

Groupon, Inc.

https://www.groupon.com

Industry

Internet Content & Information

Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.

Open

8.53

Mkt cap

349M

Volume

378K

High

8.78

P/E Ratio

12.70

52-wk high

19.56

Low

8.42

Div yield

N/A

52-wk low

7.75

Groupon reported Q2 losses of $(0.41) per share, missing the analyst consensus estimate of $(0.18) by 127.78%. This is a 20.59% decrease over losses from the same period last year. However, the company's quarterly sales of $129.11 million beat the analyst consensus estimate of $122.99 million by 4.98%, despite being a 15.73% decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:13 pm

Groupon (GRPN) has seen a significant option alert for January 19th $9 calls. A total of 3500 contracts were bought at the ask price of $1.72, compared to an open interest of 5. The company is expected to announce its earnings on August 7th after the market closes. The reference price is $6.57.

Portfolio Pulse from Charles Gross

July 24, 2023 | 3:21 pm

Groupon (GRPN) has seen a significant option alert for August 18 $7 calls. A total of 1857 contracts were traded at $1.15, compared to an open interest of 3994 contracts. The company is expected to announce its earnings on August 7 after the market closes. The reference price is $6.76.

Portfolio Pulse from Charles Gross

July 18, 2023 | 7:56 pm

Potential short squeeze plays have gained steam in 2021 and 2022, with high short interest and steep borrowing costs being common traits. Fintel's short squeeze leaderboard lists Intuitive Machines, Wearable Devices, Ocean Biomedical, AirSculpt Technologies, and Bright Help Group as the top five short squeeze candidates.

Portfolio Pulse from Chris Katje

June 26, 2023 | 2:24 pm

U.S. stocks traded mostly higher, with NASDAQ Composite gaining around 100 points. Crude oil prices dropped over 4%. Consumer discretionary shares rose 1.1%, while real estate shares dipped by 1.3%. Root, Inc. shares shot up 39% after receiving a takeover bid. Aeglea BioTherapeutics acquired Spyre Therapeutics and raised $210 million in gross proceeds.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 6:55 pm

Groupon shares are trading higher despite the company announcing it is not in compliance with Nasdaq listing requirements and plans to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:54 pm

Groupon has notified Nasdaq that it is not currently in compliance with Nasdaq Listing Rule 5605(c)(2)(A) but intends to regain compliance within the cure period provided by section (c)(4)(B) of the Listing Rule.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 9:12 pm

Groupon shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:33 pm

Groupon (GRPN) sees a sweep of 500 Aug 18 $6 calls near the ask price of $0.67, compared to an open interest of 3,373. Earnings are expected on August 7 after market close.

Portfolio Pulse from Charles Gross

June 15, 2023 | 1:39 pm

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