Groupon Stock Bearish Momentum With A 22% Drop In The Last 10 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) slid by a staggering 22.4% in 10 sessions from $9.24 at 2023-01-27, to $7.17 at 13:14 EST on Friday, after five sequential sessions in a row of losses. NASDAQ is falling 1.23% to $11,644.80, after two successive sessions in a row of losses.

Groupon’s last close was $7.37, 73.08% under its 52-week high of $27.38.

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 $-10.07.

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 -17.51%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 322.2% and positive 91.2% for the next.

Volume

Today’s last reported volume for Groupon is 311549 which is 70.99% below its average volume of 986332.

Yearly Top and Bottom Value

Groupon’s stock is valued at $7.17 at 13:14 EST, way below its 52-week high of $27.38 and way higher than its 52-week low of $6.22.

More news about Groupon (GRPN).

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