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2 Analysts Abandoning Groupon… And 1 Still Buying
Wednesday, November 4, 2015 - 11:25am | 1005Shares of Groupon Inc (NASDAQ: GRPN) were trading lower by more than 30 percent shortly after Wednesday's opening bell. Investors and traders fled the stock after the company announced a poor sales outlook. Wall Street's reaction wasn't all doom and gloom as analysts at Brean...
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Brean Capital Cuts Groupon Price Target, But Remains Optimistic
Wednesday, November 4, 2015 - 9:35am | 383Shares of Groupon Inc (NASDAQ: GRPN) gained 5 percent during Tuesday's session but plunged lower by more than 28 percent early Wednesday morning. Groupon's stock was halted shortly after 4:00 p.m. ET Tuesday as the company announced a weak outlook. Tom Forte of Brean Capital...
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Market Wrap For January 28: Markets Snap Losing Streak, Apple Tumbles
Tuesday, January 28, 2014 - 5:42pm | 2932U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...
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Groupon Grapples with 20% Decline
Friday, November 9, 2012 - 1:39pm | 581Investors are searching for a better daily deal after Groupon (NASDAQ: GRPN) reported its third-quarter earnings results. The company plunged to a new all-time low during after hours trading, and shares have continued to plummet this morning as investors get out of Groupon. "Revenue of $567MM came...