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Groupon (GRPN) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-17 23:05
In the latest trading session, Groupon (GRPN) closed at $11.07, marking a -1.69% move from the previous day. This change lagged the S&P 500's daily loss of 0.02%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.04%.Prior to today's trading, shares of the online daily deal service had lost 4.41% over the past month. This has lagged the Retail-Wholesale sector's gain of 3.68% and the S&P 500's gain of 3.77% in that time.The investment community will be closely monitori ...
Groupon (GRPN) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-10-09 23:05
The most recent trading session ended with Groupon (GRPN) standing at $10.34, reflecting a +0.68% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.71% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 0.6%.The online daily deal service's shares have seen a decrease of 6.12% over the last month, not keeping up with the Retail-Wholesale sector's gain of 8.01% and the S&P 500's gain of 6.41%.Inves ...
Groupon Shares Decline 25.2% YTD: Should You Buy the Dip Right Now?
ZACKS· 2024-10-03 17:55
Groupon, Inc. (GRPN) has seen its stock decline 25.2% year to date (YTD) against the Zacks Internet-Commerce industry’s growth of 22.9%, the broader retail sector’s return of 19.4% and the S&P 500 index’s rally of 20%.GRPN, which has emerged as a two-sided global marketplace company, has been suffering from its weakening momentum in the international market. Unexpected site stability issues related to its cloud migration project have also been heavily affecting the company’s performance.Groupon’s business m ...
Groupon (GRPN) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-30 23:06
In the latest market close, Groupon (GRPN) reached $9.78, with a -1.81% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.42%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.38%.Prior to today's trading, shares of the online daily deal service had lost 28.19% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.34% and the S&P 500's gain of 2.06% in that time.Market participants will be closely following the financial results ...
Groupon (GRPN) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-23 23:06
The most recent trading session ended with Groupon (GRPN) standing at $10.68, reflecting a -1.57% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.15%.The online daily deal service's shares have seen a decrease of 20.92% over the last month, not keeping up with the Retail-Wholesale sector's gain of 5.07% and the S&P 500's gain of 2%.The in ...
Wall Street Analysts See a 31.16% Upside in Groupon (GRPN): Can the Stock Really Move This High?
ZACKS· 2024-09-04 14:56
Shares of Groupon (GRPN) have gained 12.5% over the past four weeks to close the last trading session at $12.87, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $16.88 indicates a potential upside of 31.2%.The mean estimate comprises four short-term price targets with a standard deviation of $7.94. While the lowest estimate of $7.50 indicates a 41.7% decline from the current pri ...
Groupon Stock Collapsed This Week. Here's Why
The Motley Fool· 2024-08-01 22:51
The coupon platform is still not profitable.Groupon (GRPN -8.22%) stock has seen its shares collapse this week, according to data from S&P Global Market Intelligence. After reporting weak growth and more losses in the second quarter, Wall Street sold off the digital coupon platform's stock by over 30%. As of market close on Thursday, Aug. 1, Groupon is down 32% this week. It is off 97% from all-time highs set over a decade ago.Here's why Groupon stock was falling once again this week.Declining revenue, high ...
Why Groupon Stock Crashed on Wednesday
The Motley Fool· 2024-07-31 18:51
Find out why Groupon's stock took a hit today, and how the coupon marketer plans to overcome its challenges.Shares of Groupon (GRPN -11.65%) fell as much as 16.8% on Wednesday morning, hamstrung by a mixed second-quarter report with gloomy guidance for the next period.Groupon lowers full-year guidance amid tech issuesGroupon reported second-quarter revenue of $124.6 million, surpassing analyst expectations of $121.7 million. The bottom-line loss of $0.02 per share came in below Wall Street's consensus targe ...
Groupon (GRPN) Reports Loss in Q2, Revenues Decrease Y/Y
ZACKS· 2024-07-31 18:25
Groupon (GRPN) reported a non-GAAP loss of 2 cents per share in the second quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 1 cent per share. The company reported a non-GAAP loss of 10 cents per share in the year-ago quarter.Revenues of $124.6 million beat the consensus estimate by 2.4%. The figure decreased 3.5% on a year-over-year basis (down 3.4%, excluding the foreign exchange effect).Region-wise, North America revenues of $98.4 million beat the consensus mark by 7.4% and rose 2.6% ...
Groupon Stock Tumbles on Surprise Q2 Loss
Investopedia· 2024-07-31 12:05
Key TakeawaysGroupon reported a surprise second-quarter net loss after the closing bell Tuesday.The stock fell sharply in premarket trading Wednesday, as analysts had projected Groupon to start reporting profitable quarters starting in Q2.CEO Dusan Senkypl cited performance issues with the Groupon website as a reason for the results. Groupon (GRPN) shares tumbled in premarket trading Wednesday, a day after the company reported an unexpected loss. The e-commerce platform reported a net loss of $9.4 million f ...