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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 shares have seen an uptick following the company's announcement that its Q4 revenue is anticipated to be at or above the upper limit of its previously issued guidance.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:17 pm

Groupon anticipates its Q4 2023 revenue to be close to or exceed the higher end of its previously issued guidance.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 5:16 pm

iRobot Corporation (NASDAQ:IRBT) shares surged in pre-market trading on news that Amazon.com Inc.'s (NASDAQ:AMZN) proposed $1.4 billion acquisition of iRobot is close to receiving unconditional approval from EU antitrust authorities. Other stocks such as Fisker Inc. (NYSE:FSR), Shoals Technologies Group, Inc. (NASDAQ:SHLS), Bitfarms Ltd. (NASDAQ:BITF), XPeng Inc. (NYSE:XPEV), Hesai Group (NASDAQ:HSAI), Groupon, Inc. (NASDAQ:GRPN), and Spirit Airlines, Inc. (NYSE:SAVE) also saw gains in pre-market trading.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 11:15 am

Insiders at Mercury Systems, NCR Voyix, Groupon, and Enphase Energy have made significant stock purchases. Mercury Systems saw a purchase of $8.69 million by Jana Partners Management LP, despite reporting worse-than-expected Q1 results. NCR Voyix Director James G Kelly invested $1 million, following Q3 sales of $2.02 billion. Groupon's 10% owner Pale Fire Capital SICAV a.s. bought shares worth $3.07 million after poor Q3 results. Enphase Energy's CEO Badri Kothandaraman purchased shares for $100,873, with Mizuho initiating coverage with a Buy rating and a $131 price target.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 1:39 pm

Goldman Sachs analyst Eric Sheridan has maintained a Sell rating on Groupon (NASDAQ:GRPN) but increased the price target from $4 to $5.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:53 pm

Wynn Resorts, Limited (NASDAQ:WYNN) shares dropped by 8.1% despite reporting higher than expected third-quarter revenue and earnings per share. The company's revenue was $1.67 billion, surpassing the consensus estimate of $1.585 billion, and adjusted EPS was 99 cents, beating the estimate of 75 cents. The article also lists other stocks that moved in the mid-day session, with various companies experiencing significant gains or losses after reporting their financial results, guidance updates, or other corporate actions.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 6:34 pm

Groupon's shares are trading lower following the company's Q3 financial results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:30 pm

Several stocks including Unity Software, Groupon, Trade Desk, and others are moving lower in Friday's pre-market session. Unity Software reported worse-than-expected Q3 revenue results, leading to a 13.2% drop in pre-market trading. Other companies such as Groupon, Plug Power, Trade Desk, Westrock Coffee Company, Diageo, Illumina, Applied Optoelectronics, Ballard Power Systems, Hawaiian Electric Industries, FuelCell Energy, and Wynn Resorts also reported disappointing financial results, leading to declines in pre-market trading.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 11:24 am

Groupon Inc reported Q3 FY23 revenue of $126.5 million, missing the consensus of $129.6 million. North America and International revenues decreased due to a decline in engagement on the platform. Adjusted EPS loss of $(0.12) missed the consensus of $0.11. The company plans to raise around $100 million through equity rights offering and non-core asset sales. Groupon's co-founder Eric Lefkofsky is set to resign from the board. Following the news, Groupon shares traded lower by 32.27%.

Portfolio Pulse from Lekha Gupta

November 10, 2023 | 11:07 am

Groupon's shares are trading lower following the company's Q3 financial results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:33 pm

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