Groupon Stock Bullish Momentum With A 31% Rise In The Last 21 Sessions

(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) jumped by a staggering 31.99% in 21 sessions from $3.97 at 2023-05-10, to $5.24 at 15:47 EST on Friday, following the last session’s upward trend. NASDAQ is rising 0.33% to $13,282.55, following the last session’s upward trend.

Groupon’s last close was $5.72, 65.23% below its 52-week high of $16.45.

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 $-7.16.

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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.7%, now sitting on 567.38M for the twelve trailing months.

More news about Groupon (GRPN).

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