(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) rose by a staggering 11.61% to $5.00 at 14:22 EST on Thursday, following the last session’s upward trend. NASDAQ is jumping 1.79% to $12,708.02, after two consecutive sessions in a row of losses. This seems, so far, an all-around positive trend trading session today.
Groupon’s last close was $4.48, 72.82% below its 52-week high of $16.48.
About Groupon
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.
Earnings Per Share
As for profitability, Groupon has a trailing twelve months EPS of $-7.58.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 61.8% and 154.4%, respectively.
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