Groupon (GRPN) Stock Drops Despite Market Gains: Important Facts to Note

Groupon (GRPN) closed at $33.91 in the latest trading session, marking a -5.12% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.8%. Meanwhile, the Dow gained 0.94%, and the Nasdaq, a tech-heavy index, added 0.97%. Shares of the online daily deal service witnessed a gain of 23.63% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 1.59%, and the S&P 500's gain of 5.12%.Investors will be eagerly watching for the performan ...