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GRPN Market Currents
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Monday 11:49 AM Off in early trading in sympathy with Facebook, Groupon (GRPN +7.4%) is now up sharply, and has recouped most of Friday's losses. At $12.44, shares remain well below the company's IPO price of $20.
Comment![Tech, On the Move]
- Monday 9:54 AM Facebook (FB -13.2%) tumbles in early trading to $33.20; even after the selloff, the company trades at nearly 23x sales and 75x trailing EPS. Not helping is BTIG's decision to launch coverage at Neutral; in-line with earlier comments, the firm is worried about Facebook's valuation, decelerating growth, and ad monetization issues. Also lower: RENN -8.3%. ZNGA -7.1%. YELP -6.8%. LNKD -6.1%. GRPN -4.8%. SVVC -7.4%. GSVC -10%. [Tech, On the Move]
GRPN in Focus
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at MarketWatch.com (Thu, 5:24PM)
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at MarketWatch.com (Thu, 2:33PM)
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at CNBC.com (Wed, 5:16PM)
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at CNBC.com (Wed, 2:15PM)
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at CNBC.com (Wed, 2:11PM)
GRPN Press Releases and Filings
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Business Wire (May 15, 2012)
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Business Wire (May 14, 2012)
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Business Wire (May 10, 2012)
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Business Wire (May 9, 2012)
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Business Wire (May 8, 2012)
GRPN Latest Transcript
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Company Description
Groupon is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Traditionally, local merchants have tried to reach consumers and generate sales through a variety of methods, including the yellow pages, direct mail, newspaper, radio,... More
