(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) rose by a staggering 11.81% to $7.67 at 10:38 EST on Wednesday, after two consecutive sessions in a row of gains. NASDAQ is jumping 0.25% to $14,389.38, after two sequential sessions in a row of gains. This seems, at the moment, a somewhat bullish trend exchanging session today.
Groupon’s last close was $6.86, 53.8% under its 52-week high of $14.85.
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 $-7.66.
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%.
More news about Groupon (GRPN).
