Groupon Stock Bullish Momentum With A 17.68% Jump On Wednesday

(VIANEWS) – The NASDAQ ended the session with Groupon (GRPN) rising 17.68% to $3.50 on Wednesday while NASDAQ jumped 1.28% to $12,500.57.

Groupon’s last close was $2.97, 81.98% under 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 $-7.03.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 32.4% and positive 105.9% for the next.

More news about Groupon (GRPN).

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