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Groupon Stock Bearish Momentum With A 34% Fall In The Last 21 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) dropped by a staggering 34.75% in 21 sessions from $7.51 at 2023-02-14, to $4.90 at 16:28 EST on Thursday, after five successive sessions in a row of losses. NASDAQ is rising 2.48% to $11,717.28, after three consecutive sessions in a row of gains.

Groupon’s last close was $5.10, 75.92% under its 52-week high of $21.18.

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 $-10.067.

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 -121.5%.

Previous days news about Groupon (GRPN)

  • Is a surprise coming for groupon (grpn) this earnings season?. According to Zacks on Tuesday, 14 March, "Investors are always looking for stocks that are poised to beat at earnings season and Groupon (GRPN Quick QuoteGRPN – Free Report) may be one such company. ", "That is because Groupon is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. "

More news about Groupon (GRPN).

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