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Groupon Stock Bearish Momentum With A 25% Fall In The Last 10 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) dropped by a staggering 25.65% in 10 sessions from $6.09 at 2023-06-06, to $4.53 at 12:40 EST on Wednesday, following the last session’s downward trend. NASDAQ is sliding 1.13% to $13,512.89, after two consecutive sessions in a row of losses.

Groupon’s last close was $4.26, 73.52% below its 52-week high of $16.09.

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 $-7.98.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -285.15%.

Volatility

Groupon’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.36%, a positive 0.32%, and a positive 5.40%.

Groupon’s highest amplitude of average volatility was 8.13% (last week), 6.07% (last month), and 5.40% (last quarter).

More news about Groupon (GRPN).

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